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iRhythm price target raised to $212 from $193 at Canaccord

Canaccord raised the firm’s price target on iRhythm (IRTC) to $212 from $193 and keeps a Buy rating on the shares. The firm said they had a stellar quarter, highlighted by strength across both product lines (Monitor and AT), strong FCF, and increased guidance with revenue and adj. EBITDA guidance raised more than the beat.

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