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Research Alert: CFRA Maintains Hold Rating On Shares Of Dexcom Inc.

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target to $83 (from $67), 32x our 2026 EPS estimate, near DXCM's one-year historical forward average of 32.9x and well below its longer-term historical averages to reflect increased competition within the continuous glucose monitoring space, in our view. We lift our 2026 EPS estimate by $0.01 to $2.59 and raise our 2027 estimate by $0.02 to $3.07. We think the addressable market for DXCM is large and far from saturated, but a slower sales growth rate is a concern, which we attribute to market share losses and slow progress in gaining additional insurance coverage. We see the upcoming CONNECT study (for type-2 non-insulin patients) readout as a potentially significant near-term catalyst which may drive enhanced insurance coverage. DXCM sees CMS coverage for all individuals with diabetes by mid-2027, which it believes will increase its addressable U.S. market for type-2 non-insulin intensive diabetes by around 80% to 27M people.

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Research Alert: Hpe Q2: Massive Beats And Guidance Increases As Ai Tailwinds Strengthen

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Research Alert: CFRA Lowers Opinion On Shares Of American Airlines Group Inc. To Sell From Hold

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our opinion on AAL to Sell from Hold, reduce our price target by $1 to $12, and cut our 2026 EPS to -$0.07 from $0.48 and 2027's to $1.72 from $1.93, primarily reflecting fuel costs. Our target reflects 7x 2027 EPS (from 6.5x), with the modest multiple expansion reflecting strong underlying industry travel trends despite higher airfare, partially offsetting our estimate reductions. In our view, AAL is most exposed to fuel costs, given a higher unit cost profile and lagging unit revenue performance versus peers. While Q1 unit revenue rose 6.5% Y/Y, the spread between AAL's unit revenue and unit costs (+5.2% Y/Y) is tighter than peers and could result in operating losses more quickly. This profile justifies our discounted multiple versus peers in the high-single-digit range. AAL is also leaning into summer capacity, potentially driving higher fuel consumption at elevated prices. We see limited margin for error if fuel headwinds persist. A key upside risk is oil prices easing faster than expected.

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