Needham Maintains Buy on iRhythm Technologies, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Needham analyst David Saxon maintains a Buy rating on iRhythm Technologies (NASDAQ:IRTC) but lowers the price target from $119 to $96.

October 31, 2024 | 12:48 pm
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Needham analyst David Saxon maintains a Buy rating on iRhythm Technologies but lowers the price target from $119 to $96, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in iRhythm's potential, but the lowered price target indicates a more cautious outlook on its short-term performance. This could lead to a slight negative impact on the stock price as investors adjust expectations.
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IMPORTANCE 80
RELEVANCE 100