Piper Sandler analyst Matt O’Brien lowered the firm’s price target on CVRx to $13 from $15 and keeps an Overweight rating on the shares. The firm notes CVRx released Q2 results that fell within management’s guidance range. This is an important performance given the sales force disruption seen by the company in Q1, which has stabilized here in Q2, Piper says.
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Read More on CVRX:
- CVRx Reports Second Quarter 2024 Financial and Operating Results
- CVRX Earnings this Week: How Will it Perform?
- CVRx to Report Second Quarter 2024 Financial and Operating Results and Host Conference Call on July 29th, 2024
- CVRx price target lowered to $15 from $23 at Craig-Hallum
- CVRx price target lowered to $12 from $18 at Lake Street
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