Analysts Lift Ratings as Tandem Diabetes Repositions Toward Pharmacy and Pay-as-You-Go
BofA Securities raised its rating on Tandem Diabetes Care to Neutral from Underperform and doubled its price target to $30, citing a shift into the pharmacy channel and a move toward a pay-as-you-go revenue model that could materially improve profitability. Baird separately upgraded the stock to Outperform and also set a $30 target, pointing to the…