TD Cowen Raises Price Target for Tandem Diabetes (TNDM) Amid Strategic Shift
On April 20, TD Cowen raised its price target on Tandem Diabetes Care Inc. (NASDAQ:TNDM) from $25 to $28 and maintained a Buy rating due to the company's new pay-as-you-go program and Mobi Tubeless product launch in Q4 2025. The firm anticipates revenue headwinds of $85 million to $95 million globally as Tandem transitions its distribution model over two to three years.
Tickers: $TNDM
Topics: Analyst Rating Diabetes Technology Medical Stocks Revenue Growth