iRhythm Technologies shares are trading lower after Needham cut its price target on the stock from $119 to $96.
Portfolio Pulse from Benzinga Newsdesk
iRhythm Technologies shares declined after Needham reduced its price target from $119 to $96.
October 31, 2024 | 1:44 pm
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NEGATIVE IMPACT
iRhythm Technologies shares are trading lower following a price target cut by Needham from $119 to $96.
The reduction in price target by Needham suggests a less optimistic outlook for iRhythm Technologies, likely leading to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100