TNDM Maintained by Citigroup -- Price Target Lowered to $17
Citigroup analyst Joanne Wuensch maintained a Neutral rating on Tandem Diabetes Care (TNDM) but lowered the price target from $22.00 to $17.00, reflecting a cautious outlook due to changing market conditions and competitive pressures. GuruFocus indicates TNDM is currently undervalued by 43.8% based on its GF Value™, yet the stock carries a "Possible Value Trap" label and insider selling has occurred. Investors are advised to proceed with caution despite the undervaluation, considering the mixed signals.
https://www.gurufocus.com/news/8889523/tndm-maintained-by-citigroup-price-target-lowered-to-17