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New
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Mizuho Raises DexCom (DXCM) Price Target to $90 from $78 After Earnings Beat
Mizuho analyst Anthony Petrone raised DexCom’s (DXCM) price target to $90 from $78, maintaining an Outperform rating following a strong fourth-quarter earnings beat. The company reported $1.26 billion in Q4 revenue and provided an optimistic 2026 revenue guidance of $5.16 billion to $5.25 billion, expecting significant margin expansion due to efficiency improvements and product mix. DexCom, a medical device company specializing in continuous glucose monitoring, anticipates sustained double-digit revenue growth and improved profitability.