Asante Solutions (PUMP) Lowered to “Hold” at Zacks Investment Research
Asante Solutions (NASDAQ:PUMP) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Thursday.
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A number of other research analysts have also commented on PUMP. Credit Suisse Group upped their price target on Asante Solutions from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Cowen began coverage on Asante Solutions in a research report on Wednesday, February 7th. They set a “market perform” rating and a $17.00 price target for the company. Stephens began coverage on Asante Solutions in a research report on Tuesday, January 9th. They set an “overweight” rating and a $24.00 price target for the company. Barclays reaffirmed a “hold” rating and set a $18.00 price target on shares of Asante Solutions in a research report on Friday, November 10th. Finally, SunTrust Banks began coverage on Asante Solutions in a research report on Wednesday, December 20th. They set a “buy” rating and a $27.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Asante Solutions has a consensus rating of “Buy” and an average price target of $20.80.
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About Asante Solutions
Asante Solutions, Inc is a medical device company. The Company is a manufacturer of Asante Snap Insulin Pump System (Snap system), which is a pump featuring a modular design with pre-filled insulin cartridges and disposable pump bodies, utilized in combination with a controller. The Snap system comprises four components: the Snap system controller, a disposable pump body, disposable pre-filled insulin cartridges and disposable infusion sets.
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