What Caused The Opening Gap In TransEnterix?
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TransEnterix Inc (NASDAQ: TRXC) today had a large opening gap of -40.24%.
Photo taken from the Opening Gap Signals tool inside Benzinga Pro.
Why Is TRXC Moving?
TransEnterix shares are trading lower after the company reported worse-than-expected Q2 EPS and sales results. RBC Capital downgraded the stock from Outperform to Sector Perform and lowered its price target from $3 to $1 per share.
Photo taken from the ‘Why Is It Moving?’ Details tool inside Benzinga Pro.
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Latest Ratings for TRXC
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2021 | Ladenburg Thalmann | Downgrades | Buy | Neutral |
| Aug 2019 | RBC Capital | Downgrades | Outperform | Sector Perform |
| May 2019 | Piper Jaffray | Initiates Coverage On | Neutral |
View More Analyst Ratings for TRXC
View the Latest Analyst Ratings
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Posted-In: Earnings News Downgrades Intraday Update Analyst Ratings
