Analyst Scoreboard: 4 Ratings For Nevro
Portfolio Pulse from Benzinga Insights
Analyst ratings for Nevro (NYSE:NVRO) over the last quarter show a mix of sentiments, with 1 somewhat bullish and 3 indifferent ratings. The average 12-month price target is $22.25, down from $22.50, indicating a slight negative sentiment. Analyst actions include both raises and lowers in ratings and price targets, reflecting ongoing adjustments to market conditions and company performance. Nevro's financial performance shows a revenue growth of 3.38% for the last quarter, a net margin of -22.61%, and challenges in ROE and ROA compared to industry averages.
February 22, 2024 | 2:00 pm
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NEGATIVE IMPACT
Analyst ratings for Nevro show mixed sentiments with a slight negative adjustment in the average price target. Financial indicators reveal growth in revenue but challenges in profitability and efficiency.
The mixed analyst ratings with a slight decrease in the average price target suggest a cautious outlook on NVRO's stock in the short term. The financial performance, including revenue growth against a backdrop of profitability and efficiency challenges, further supports a cautious stance. The direct mention and detailed analysis of NVRO's financials and analyst ratings indicate a high relevance and importance of this news for NVRO investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100