JP Morgan Downgrades Nevro to Underweight
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Robbie Marcus has downgraded Nevro (NYSE:NVRO) from Neutral to Underweight.

August 07, 2024 | 12:23 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan analyst Robbie Marcus has downgraded Nevro from Neutral to Underweight, indicating a negative outlook on the stock.
The downgrade from a major financial institution like JP Morgan typically signals a lack of confidence in the company's near-term performance, which can lead to a decline in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100