Where Nevro Stands With Analysts
Portfolio Pulse from Benzinga Insights
Nevro Corp (NYSE:NVRO) has received mixed analyst ratings in the last quarter, with 1 somewhat bullish, 3 indifferent, and 1 somewhat bearish. The average price target is $18.2, representing a potential upside from the current price of $17.5. This target is a 17.72% decrease from the previous target of $22.12. Analysts rate stocks to guide investors, and their opinions can vary, reflecting human judgment.
December 01, 2023 | 7:00 pm
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POSITIVE IMPACT
Nevro has a mixed outlook from analysts with a current average price target of $18.2, which is slightly above its current price but 17.72% lower than the previous target.
The average price target suggests a modest upside potential for NVRO, which could lead to a slight increase in its stock price in the short term. However, the decrease in the target from $22.12 to $18.2 indicates a less optimistic view from analysts compared to the previous quarter, which could temper investor expectations. The mixed ratings with a majority being indifferent suggest that the stock may not see significant movement unless further positive or negative news emerges.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100