Assessing Nevro: Insights From 9 Financial Analysts
9 analysts have shared their evaluations of Nevro (NYSE:NVRO) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 0 | 8 | 1 | 0 |
Last 30D | 0 | 0 | 2 | 1 | 0 |
1M Ago | 0 | 0 | 3 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $14.89, a high estimate of $19.00, and a low estimate of $11.00. Highlighting a 17.28% decrease, the current average has fallen from the previous average price target of $18.00.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive Nevro. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
William Plovanic | Canaccord Genuity | Lowers | Hold | $11.00 | $17.00 |
Nathan Treybeck | Wells Fargo | Lowers | Equal-Weight | $13.00 | $14.00 |
Adam Maeder | Piper Sandler | Lowers | Underweight | $12.00 | $15.00 |
Shagun Singh | RBC Capital | Lowers | Sector Perform | $16.00 | $18.00 |
Anthony Petrone | Mizuho | Lowers | Neutral | $16.00 | $20.00 |
Larry Biegelsen | Wells Fargo | Lowers | Equal-Weight | $14.00 | $17.00 |
Joanne Wuensch | Citigroup | Lowers | Neutral | $16.00 | $18.00 |
Lawrence Biegelsen | Wells Fargo | Lowers | Equal-Weight | $17.00 | $20.00 |
Mike Polark | Baird | Lowers | Neutral | $19.00 | $23.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Nevro. This insight gives ...
Full story available on Benzinga.com