iRhythm Technologies shares are trading higher after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $115 price target.
Portfolio Pulse from Benzinga Newsdesk
iRhythm Technologies shares are trading higher after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $115 price target.
June 20, 2024 | 2:10 pm
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POSITIVE IMPACT
iRhythm Technologies shares are trading higher following an upgrade from Wolfe Research, which raised the stock rating from Peer Perform to Outperform and set a price target of $115.
The upgrade from Wolfe Research to Outperform and the new price target of $115 is a strong positive signal for iRhythm Technologies. Such upgrades typically lead to increased investor confidence and buying activity, driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100