Truist Securities Maintains Buy on iRhythm Technologies, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on iRhythm Technologies but lowered the price target from $117 to $80.
October 14, 2024 | 2:33 pm
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Truist Securities has maintained a Buy rating on iRhythm Technologies but lowered the price target from $117 to $80.
The maintenance of a Buy rating suggests continued confidence in iRhythm Technologies' prospects, but the significant reduction in the price target indicates potential concerns about future growth or market conditions. This mixed signal may lead to neutral short-term price movement as investors digest the implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100