Citigroup Downgrades Nevro to Sell, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Joanne Wuensch has downgraded Nevro (NYSE:NVRO) from Neutral to Sell and lowered the price target from $13.5 to $9.

May 22, 2024 | 12:51 pm
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Citigroup analyst Joanne Wuensch downgraded Nevro from Neutral to Sell and reduced the price target from $13.5 to $9, indicating a negative outlook for the stock.
The downgrade from Neutral to Sell and the significant reduction in the price target from $13.5 to $9 by a major financial institution like Citigroup is likely to negatively impact investor sentiment and the stock price of Nevro in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100