4 Analysts Assess iRhythm Technologies: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for iRhythm Technologies (NASDAQ:IRTC) over the last quarter, with 2 bullish and 2 somewhat bullish ratings. The average 12-month price target has dropped by 10.64% to $124.5. Analysts from Needham, Truist Securities, Morgan Stanley, and Wolfe Research have lowered their price targets.
August 02, 2024 | 12:00 pm
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NEGATIVE IMPACT
Analysts have mixed ratings for iRhythm Technologies, with 2 bullish and 2 somewhat bullish ratings. The average 12-month price target has dropped by 10.64% to $124.5. Analysts from Needham, Truist Securities, Morgan Stanley, and Wolfe Research have lowered their price targets.
The mixed ratings and the significant drop in the average 12-month price target suggest a bearish short-term outlook for iRhythm Technologies. The lowered price targets from multiple analysts indicate concerns about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100