Key Takeaways From iRhythm Technologies Analyst Ratings
Portfolio Pulse from Benzinga Insights
iRhythm Technologies (NASDAQ:IRTC) received mixed analyst ratings, with a majority being bullish. The average 12-month price target is $122.44, down 10.19% from the previous $136.33. Analysts have adjusted their ratings and price targets, reflecting evolving market conditions. Despite strong revenue growth, iRhythm faces challenges with net margin, ROE, ROA, and debt management.
September 25, 2024 | 3:01 pm
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iRhythm Technologies has received mixed analyst ratings, with a majority being bullish. The average 12-month price target is $122.44, a 10.19% decrease from the previous average. Analysts have adjusted their ratings and price targets, reflecting evolving market conditions. Despite strong revenue growth, iRhythm faces challenges with net margin, ROE, ROA, and debt management.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on iRhythm's stock price. While the company shows strong revenue growth, its financial challenges in net margin, ROE, ROA, and debt management may offset positive sentiment from bullish ratings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100