Stock Rating Downgrade
The Value Trend Rating for Nevro Corp (NYSE: NVRO) weakened in the last week from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Nevro Corp (NYSE: NVRO) stock closed at $4.57 on 1/17/25 after an increase of 1.6%. However, unusually low trading volume at 63% of normal accompanied the advance. The stock has risen 30.9% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Nevro has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Nevro has a good Appreciation Score of 70 but a very low Power Rating of 12, triggering the Negative Value Trend Rating.
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