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iRhythm price target raised to $175 from $130 at Oppenheimer

Oppenheimer raised the firm’s price target on iRhythm (IRTC) to $175 from $130 and keeps an Outperform rating on the shares. The firm notes Q2 revenues were $187M, well ahead of its/consensus $174M estimate. FY25 revenue guide raised to $720M-$730M from $690M-$700M, Oppenheimer adds.

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