Piper Sandler analyst Matt O’Brien raised the firm’s price target on CVRx to $33 from $21 and keeps an Overweight rating on the shares. CVRx reported Q4 results that were very much consistent with the pre-announcement, and conservative full-year 2024 guidance is consistent with management’s usual tact and bakes in a few assumptions that could turn out to provide some upside, the analyst tells investors in a research note.
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Read More on CVRX:
- CVRx Reports Fourth Quarter and Full Year 2023 Financial and Operating Results
- Cvrx, Inc. (CVRX) Q4 Earnings Cheat Sheet
- CVRx price target raised to $31 from $30 at Canaccord
- CVRx price target raised to $35 from $32 at Lake Street
- CVRx to Report Fourth Quarter 2023 Financial and Operating Results and Host Conference Call on January 25th, 2024