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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100