Morgan Stanley Initiates Coverage On Vicarious Surgical with Equal-Weight Rating, Announces Price Target of $0.6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Patrick Wood has initiated coverage on Vicarious Surgical (NYSE:RBOT) with an Equal-Weight rating and set a price target of $0.6.

December 04, 2023 | 1:02 pm
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NEUTRAL IMPACT
Morgan Stanley initiated coverage on Vicarious Surgical with an Equal-Weight rating and a price target of $0.6.
The initiation of coverage by Morgan Stanley with an Equal-Weight rating suggests a neutral outlook on Vicarious Surgical's stock. The price target of $0.6 indicates the analyst's expectation of the stock's potential market price, which may influence investor sentiment and could lead to increased trading activity. However, since the rating is neutral, the immediate impact on the stock price may be limited unless the market was expecting a more positive or negative outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100