CVRx shares are trading lower after the company reported worse-than-expected Q2 EPS results. Additionally, Piper Sandler lowered its price target on the stock from $15 to $13.
Portfolio Pulse from Benzinga Newsdesk
CVRx shares are trading lower after the company reported worse-than-expected Q2 EPS results. Piper Sandler also lowered its price target on the stock from $15 to $13.
July 30, 2024 | 2:42 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
CVRx shares are trading lower due to worse-than-expected Q2 EPS results. Piper Sandler has also reduced its price target for the stock from $15 to $13.
The combination of disappointing Q2 EPS results and a lowered price target from a reputable analyst firm like Piper Sandler is likely to negatively impact CVRx's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100