JP Morgan Maintains Overweight on CVRx, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Robbie Marcus has maintained an Overweight rating on CVRx and increased the price target from $17 to $31.
December 20, 2023 | 7:59 pm
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POSITIVE IMPACT
JP Morgan analyst Robbie Marcus has reaffirmed an Overweight rating on CVRx and raised the price target from $17 to $31, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst from JP Morgan is a strong positive signal for investors, suggesting a bullish outlook on CVRx's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100