Vicarious Surgical Inc. (RBOT) Tops Q3 EPS by 4c

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BTIG Downgrades Vicarious Surgical inc. (RBOT) to Neutral

November 14, 2023 5:31 AM EST

BTIG analyst Ryan Zimmerman downgraded Vicarious Surgical inc. (NYSE: RBOT) from Buy to Neutral.

The analyst comments "We downgrade shares of RBOT to Neutral (from Buy and remove our PT). We're not fans of downgrading when shares are at a low (especially when they are trading below cash) but with timelines for development extended another 12 to 18 months in order to preserve cash we think its... More