Canaccord Genuity Maintains Buy on Vicarious Surgical, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kyle Rose maintains a Buy rating on Vicarious Surgical (NYSE:RBOT) but lowers the price target from $12 to $9.
May 31, 2023 | 11:44 am
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NEUTRAL IMPACT
Canaccord Genuity maintains a Buy rating on Vicarious Surgical (NYSE:RBOT) but lowers the price target from $12 to $9.
The news of Canaccord Genuity maintaining a Buy rating on Vicarious Surgical is positive for the stock. However, the lowering of the price target from $12 to $9 may create some uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100