RBC Capital Maintains Sector Perform on Nevro, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shagun Singh maintains a Sector Perform rating on Nevro (NYSE: NVRO) but lowers the price target from $16 to $7.
August 07, 2024 | 5:09 pm
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RBC Capital has maintained its Sector Perform rating on Nevro but significantly lowered the price target from $16 to $7.
The significant reduction in the price target from $16 to $7 by RBC Capital suggests a negative outlook on Nevro's future performance, likely leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100