Canaccord Genuity Maintains Buy on Nevro, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst William Plovanic maintains a Buy rating on Nevro (NYSE:NVRO) but lowers the price target from $76 to $68.
June 06, 2023 | 12:42 pm
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Canaccord Genuity maintains Buy rating on Nevro (NYSE:NVRO) but lowers price target from $76 to $68.
The news directly mentions Nevro (NYSE:NVRO) and the lowered price target by Canaccord Genuity. While the Buy rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term as it indicates a lower expected return, but still suggests a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100