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Nevro price target raised to $5.85 from $4 at Canaccord

Nevro price target raised to $5.85 from $4 at Canaccord

Canaccord raised the firm’s price target on Nevro (NVRO) to $5.85 from $4 and keeps a Hold rating on the shares. The firm noted Globus Medical (GMED) announced today that it had entered into a definitive agreement to acquire Nevro in an all-cash transaction for $5.85 per share.

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