JMP Securities Maintains Outperform on Nevro, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Turkaly maintains an 'Outperform' rating on Nevro (NYSE:NVRO) but has lowered the price target from $75 to $40.
August 04, 2023 | 10:57 am
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Nevro's price target has been lowered from $75 to $40 by JMP Securities, although the 'Outperform' rating is maintained.
The lowering of the price target by JMP Securities could negatively impact Nevro's stock price in the short term. However, the maintained 'Outperform' rating suggests that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100