Nuvectra Corporation (NVTR) Reports Q2 Loss of $0.85/Share

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Piper Jaffray Cuts Price Target on Nuvectra Corporation (NVTR) Following 2Q Revenue Beat

August 11, 2016 8:19 AM EDT

Piper Jaffray maintained a Neutral rating on Nuvectra Corporation (NASDAQ: NVTR), and cut the price target to $10.00 (from $12.00), following the company's 2Q earnings report. NVTR reported revenue of $2.6M, compared with $2.4M estimates.

Analyst Brooks West commented, "Nuvectra reported 2Q16 revenue of... More