Nevro Corp shares are trading higher after RBC Capital initiated coverage on the stock with an Outperform rating and announced a $40 price target.
Portfolio Pulse from Benzinga Newsdesk
Nevro Corp shares are trading higher after RBC Capital initiated coverage on the stock with an Outperform rating and a $40 price target.

May 31, 2023 | 7:10 pm
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RBC Capital initiated coverage on Nevro Corp with an Outperform rating and a $40 price target, leading to higher trading.
RBC Capital's initiation of coverage with an Outperform rating and a $40 price target for Nevro Corp is a positive signal for investors, indicating that the stock is expected to perform well in the market. This news directly impacts the stock price, leading to higher trading.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100