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What Caused The Opening Gap In TransEnterix?

Courtesy of Benzinga.

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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
Aug 2019 Downgrades Outperform Sector Perform
May 2019 Initiates Coverage On Neutral
May 2019 Upgrades Neutral Buy

View More Analyst Ratings for TRXC


View the Latest Analyst Ratings

Posted-In: Earnings News Downgrades Intraday Update Analyst Ratings


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