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iRhythm price target raised to $190 from $145 at JPMorgan

JPMorgan raised the firm’s price target on iRhythm (IRTC) to $190 from $145 and keeps an Overweight rating on the shares. The company reported a sizable sales “beat-and-raise” in Q2 with better profitability, the analyst tells investors in a research note. The firm sees multiple drivers sustaining iRhythm’s acceleration.

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