Citigroup Maintains Neutral on Nevro, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Joanne Wuensch maintains a Neutral rating on Nevro (NYSE:NVRO) and lowers the price target from $6.89 to $6.
October 01, 2024 | 4:28 pm
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Citigroup's analyst Joanne Wuensch maintains a Neutral rating on Nevro and lowers the price target from $6.89 to $6, indicating a cautious outlook.
The lowering of the price target by Citigroup suggests a less optimistic view on Nevro's short-term performance, which could lead to a negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target reflects potential challenges or lower expectations.
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IMPORTANCE 80
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