Investment
Features
FeesSafety
Academy
More
Pluang+

Insulet downgraded to Hold by Truist after lowering sales forecast despite strong Q2 results.

Analyst Insights
05 Aug 2026
Gordon Thompson
View Source
Bearish
Insulet downgraded to Hold by Truist after lowering sales forecast despite strong Q2 results.

Truist Financial downgraded Insulet from Buy to Hold following a revised, softer sales forecast for its Omnipod insulin pumps, especially in the U.S. This downgrade caused Insulet's stock to drop to $133.26, though the new price target of $153 still suggests nearly 15% upside. Despite the cautious outlook, Insulet posted strong Q2 results with revenue up 23.5% to $801.7 million and adjusted EPS rising 41.5% to $1.66, driven by robust international growth. Investors are weighing the company's strong recent performance against concerns over slower U.S. sales growth in the second half of the year.

More News

Sandisk enters the S&P 100 as Nike exits the index on the same day.

Sandisk enters the S&P 100 as Nike exits the index on the same day.

On September 21, 2026, Sandisk was added to the S&P 100 index, replacing Nike, which was removed on the same day. This change reflects shifts in market capitalization and company performance within the index. The update is significant for investors t...

Market News
Neutral
1 hour ago
Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Several top analysts, including Cantor Fitzgerald, Guggenheim, Morgan Stanley, and BTIG Research, have raised price targets and upgraded their outlooks for ServiceNow, signaling confidence in the company's long-term growth. Despite this, the stock ha...

Analyst Insights
Bullish
1 hour ago
Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Piper Sandler lowered Colgate-Palmolive's price target to $95 due to weak North American demand and rising competition. The company is responding by focusing on premium oral care innovations, expanding the Fabuloso line, increasing advertising, and c...

Market News
Neutral
2 hours ago
MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll is set to report Q3 2026 earnings with analysts expecting $0.35 EPS and $940.93 million in revenue. The North America Contract segment shows strength with higher prices and volumes, while the Global Retail segment struggles due to tariffs...

Company Fundamentals
Neutral
2 hours ago
Microsoft's price target raised to $440 amid strong 2026 financials, but stock trades above target at $493.78.

Microsoft's price target raised to $440 amid strong 2026 financials, but stock trades above target at $493.78.

Rothschild & Co Redburn raised Microsoft's price target from $400 to $440 following strong fiscal 2026 results, with revenue up 18% to $331.8 billion and net income rising 31% to $133.7 billion, driven by cloud and AI demand. Despite the target hike,...

Analyst Insights
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App