Citigroup Maintains Buy on iRhythm Technologies, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Joanne Wuensch maintains a Buy rating on iRhythm Technologies but lowers the price target from $135 to $110.
August 22, 2024 | 3:57 pm
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NEUTRAL IMPACT
Citigroup's analyst Joanne Wuensch continues to recommend buying iRhythm Technologies stock but has reduced the price target from $135 to $110, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in iRhythm's potential, but the lowered price target reflects a more cautious stance, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100