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iRhythm price target raised to $146 from $120 at Truist

Truist analyst Richard Newitter raised the firm’s price target on iRhythm (IRTC) to $146 from $120 and keeps a Buy rating on the shares. The firm cites the company’s revenue and EBITDA beat thanks to Zio outperformance and guidance raise on a higher U.S. growth outlook, the analyst tells investors in a research note.

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