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Insulet Corporation (NASDAQ:PODD) price target has been increased by Wunderlich due to the company’s insulin pump market share gains. The firm thinks that Insulet is gaining up to as one-third of new insulin pump converts and maintains a Buy rating on the stock.
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VeriFone Systems, Inc’s (NYSE:PAY) pro forma organic growth is expected by Deutsche Bank to drop to 8 percent during Q3 from 10 percent during Q2 when the company reports its results on September 5. The firm thinks that expectations for the quarter have grown because of Ingenico’s solid results and a recent stock purchase by VeriFone’s CEO. Deutsche maintains a Sell rating and a $30 price target on the stock.
Fusion-IO, Inc. (NYSE:FIO): According to Piper Jaffray, it left Fusion-io’s investor briefing yesterday thinking that the company’s exclusivity at Facebook will probably continue to be unchallenged for the foreseeable future. Piper maintains an Overweight rating and a $38 price target on the stock.
Tangoe Inc (NASDAQ:TNGO): Wunderlich views yesterday’s report from The Street Sweeper as containing little or no new information regarding Tangoe, and it is biased by the author’s short position. The firm views the pullback in shares as an attractive entry point.
Cyberonics Inc. (NASDAQ:CYBX) price target has been increased by Piper Jaffray due to the company’s strong Q1 results, and it maintains an Overweight rating on the stock.
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