Wolfe Research analyst Mike Polark upgraded Nevro to Peer Perform from Underperform without a price target. The firm reduced estimates after the company reported another miss but cites valuation for the upgrade following the stock’s recent pullback.
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Read More on NVRO:
- Nevro downgraded to Underweight from Neutral at JPMorgan
- Nevro downgraded to Market Perform from Outperform at JMP Securities
- Closing Bell Movers: Airbnb, TripAdvisor down double digits on earnings
- Nevro lowers FY24 revenue view to $400M-$4.05M from $435M-$445M
- Nevro reports Q2 EPS (53c), consensus (68c)
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