Equities research analysts at Cowen began coverage on shares of Asante Solutions (NASDAQ:PUMP) in a research report issued on Wednesday, MarketBeat Ratings reports. The firm set a “market perform” rating and a $17.00 price target on the stock. Cowen’s target price suggests a potential upside of 10.32% from the company’s current price.

PUMP has been the topic of several other reports. Royal Bank of Canada set a $24.00 price target on Asante Solutions and gave the company a “buy” rating in a research report on Thursday, December 21st. SunTrust Banks started coverage on Asante Solutions in a research report on Wednesday, December 20th. They issued a “buy” rating and a $27.00 price target on the stock. Zacks Investment Research downgraded Asante Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. BidaskClub downgraded Asante Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Finally, Stephens started coverage on Asante Solutions in a research report on Tuesday, January 9th. They issued an “overweight” rating and a $24.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $20.80.

Shares of Asante Solutions (PUMP) opened at $15.41 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 added to or reduced their stakes in PUMP. Bank of New York Mellon Corp acquired a new stake in Asante Solutions during the second quarter worth about $1,383,000. Teachers Advisors LLC acquired a new stake in Asante Solutions during the second quarter worth about $637,000. TIAA CREF Investment Management LLC acquired a new stake in Asante Solutions during the second quarter worth about $937,000. Nationwide Fund Advisors grew its position in Asante Solutions by 273.1% during the second quarter. Nationwide Fund Advisors now owns 94,382 shares of the company’s stock worth $1,318,000 after buying an additional 69,082 shares in the last quarter. Finally, New York State Common Retirement Fund acquired a new stake in Asante Solutions during the second quarter worth about $376,000.

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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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