Nevro Corp (NYSE: NVRO) stock enjoyed a major increase of 11.0% on 11/14/23. The shares closed at $16.94. The stock has been extremely weak relative to the market over the last nine months but has risen 3.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, NVRO is expected to continue to be Value Creation neutral.
Nevro has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Nevro has a poor Appreciation Score of 16 and a very low Power Rating of 3, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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