iRhythm Technologies (IRTC) Misses Q4 EPS by 4c

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iRhythm Technologies (IRTC) PT Raised to $109 at RBC Capital

February 13, 2019 6:41 AM EST

RBC Capital analyst Glenn Novarro raised the price target on iRhythm Technologies (NASDAQ: IRTC) to $109.00 (from $96.00) while maintaining a Outperform rating following a strong finish to 2018.

The analyst is raising 2019 and 2020 revenue estimates to ~$206M (prior: ~$202M) and ~$289M (prior ~$283M), respectively, an increase of ~40% y/y in both years.

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