Asante Solutions (PUMP) Receives New Coverage from Analysts at Cowen

Cowen initiated coverage on shares of Asante Solutions (NASDAQ:PUMP) in a report published on Wednesday, MarketBeat reports. The brokerage issued a market perform rating and a $17.00 price target on the stock.

Several other equities research analysts also recently weighed in on PUMP. Zacks Investment Research downgraded shares of Asante Solutions from a hold rating to a sell rating in a research report on Wednesday, October 11th. Credit Suisse Group raised their price target on shares of Asante Solutions from $17.00 to $20.00 and gave the company an outperform rating in a research report on Friday, November 3rd. BidaskClub downgraded shares of Asante Solutions from a buy rating to a hold rating in a research report on Thursday, October 26th. Stephens initiated coverage on shares of Asante Solutions in a research report on Tuesday, January 9th. They set an overweight rating and a $24.00 price target for the company. Finally, Barclays restated a hold rating and issued a $18.00 target price on shares of Asante Solutions in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Asante Solutions has an average rating of Buy and a consensus price target of $20.80.

Shares of Asante Solutions (NASDAQ PUMP) opened at $15.25 on Wednesday. Asante Solutions has a 1 year low of $10.84 and a 1 year high of $22.88.

A number of hedge funds have recently modified their holdings of PUMP. Exane Derivatives purchased a new stake in Asante Solutions in the fourth quarter worth approximately $108,000. Quantitative Systematic Strategies LLC purchased a new position in shares of Asante Solutions during the 4th quarter worth $329,000. New York State Common Retirement Fund purchased a new position in shares of Asante Solutions during the 2nd quarter worth $376,000. California State Teachers Retirement System purchased a new position in shares of Asante Solutions during the 2nd quarter worth $625,000. Finally, Teachers Advisors LLC purchased a new position in shares of Asante Solutions during the 2nd quarter worth $637,000.

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Asante Solutions Company Profile

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.

Analyst Recommendations for Asante Solutions (NASDAQ:PUMP)

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