Alert: Major Price Advance (9/13/24)-Nevro Corp (NYSE: NVRO).

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On 9/13/24, Nevro Corp (NYSE: NVRO) stock enjoyed a major increase of 13.5%, closing at $5.79. This advance was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months but has risen 9.7% during the last week.

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Current PriceTarget Research Rating

NVRO is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Nevro has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Nevro has a neutral Appreciation Score of 56 but a very low Power Rating of 0, resulting in the Lowest Value Trend Rating.

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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