Truist Securities Maintains Hold on Nevro, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Richard Newitter has maintained a Hold rating on Nevro Corp (NYSE:NVRO) and increased the price target from $22 to $23.

December 22, 2023 | 2:59 pm
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Truist Securities analyst Richard Newitter maintains a Hold rating on Nevro and raises the price target from $22 to $23.
The increase in price target by Truist Securities suggests a modestly improved outlook for Nevro's stock. While the Hold rating indicates that the analyst does not see significant upside or downside in the near term, the raised target price could lead to a slight positive sentiment among investors, potentially causing a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100