CVRx price target raised to $23 from $22 at Canaccord

Canaccord raised the firm’s price target on CVRx (CVRX) to $23 from $22 and keeps a Buy rating on the shares. The firm said the reported better than expected results as management clearly is focused on execution, leveraging the experience from its management additions in 2024 to continue investing in its salesforce, education efforts; with a laser focus on building sustainable programs in centers that can drive significant Barostim volumes.