JP Morgan Maintains Overweight on CVRx, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Robbie Marcus has maintained an Overweight rating on CVRx (NASDAQ:CVRX) and increased the price target from $31 to $36.
January 26, 2024 | 3:53 pm
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JP Morgan analyst Robbie Marcus reaffirmed an Overweight rating on CVRx and raised the price target to $36, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Robbie Marcus from JP Morgan typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100