Why iRhythm (IRTC) Stock Is Up Today [Yahoo! Finance]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
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Source: Yahoo! Finance
The firm also maintained its Overweight rating on the shares. The change was part of a broader positive preview for the MedTech industry. Morgan Stanley said it saw the industry as well-positioned for several reasons. The key drivers cited included major product cycles across the sector, a supportive hospital spending environment, and stock valuations that appeared to be at trough levels. After the initial pop the shares cooled down to $181.68, up 4.3% from previous close. Is now the time to buy iRhythm? Access our full analysis report here iRhythm's shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 28 days ago when the stock gained 2.8% on the news that a Politico report revealed that the White House plans to pitch a two-year extension o
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MS
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- MS's page on the SEC website