Morgan Stanley Maintains Overweight on iRhythm Technologies, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Cecilia Furlong maintains an Overweight rating on iRhythm Technologies (NASDAQ:IRTC) but lowers the price target from $149 to $135.

October 11, 2023 | 2:04 pm
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Morgan Stanley maintains an Overweight rating on iRhythm Technologies but lowers the price target from $149 to $135.
The news is directly about iRhythm Technologies. While the Overweight rating is maintained, which is positive, the lowering of the price target from $149 to $135 might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100