Nevro Announces Executive Succession
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Leerink Partners Raises Price Target as Nevro's (NVRO) Guide Shows Increased Confidence
March 1, 2016 8:19 AM ESTLeerink Partners reiterated an Outperform rating on Nevro Corp (NYSE: NVRO), and raised the price target to $80.00 (from $75.00), following the company's 4Q earnings report. NVRO reported sales of $33.1M, ahead of the Street at ~$24M. But more importantly, NVRO raised 2016 guidance to $155M-$165M from $145M-$155M previously, ahead of the Street at $150M. This... More
