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Fly News Breaks for February 13, 2019
IRTC
Feb 13, 2019 | 09:13 EDT
BMO Capital analyst Joanne Wuensch raised her price target on iRhythm to $105 and kept her Outperform rating after its stronger than expected Q4 revenues and new record high in gross margins. The analyst further cites the management's discussion of profitability and increased productivity of its sales reps, whose prior annual peak forecast of $2.5M is now seen as an average.
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