NEW YORK (TheStreet) -- Jefferies increased its price target on NuVasive (NUVA) to $48 from $45, increased its estimates and set a "buy" rating. The firm cited the company's strong second-quarter results and sustainable growth.
The stock closed at $35.06 on Tuesday.
Separately, TheStreet Ratings team rates NUVASIVE INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate NUVASIVE INC (NUVA) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow."
You can view the full analysis from the report here: NUVA Ratings ReportNUVA data by YCharts