Piper Sandler Cuts Vicarious Surgical (NYSE:RBOT) Price Target to $10.50

Vicarious Surgical (NYSE:RBOT) had its price target cut by Piper Sandler from $12.00 to $10.50 in a report issued on Wednesday,Benzinga reports. They currently have a neutral rating on the stock.

Vicarious Surgical Price Performance

Vicarious Surgical stock opened at $9.22 on Wednesday. The firm’s 50 day moving average price is $7.11 and its 200-day moving average price is $7.67. Vicarious Surgical has a 1 year low of $4.27 and a 1 year high of $21.43. The stock has a market cap of $54.37 million, a P/E ratio of -0.90 and a beta of 1.02.

About Vicarious Surgical

Vicarious Surgical Inc operates as a robotics technology company in the United States. The company focuses on developing and commercializing Vicarious System, a single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery. Vicarious Surgical Inc was incorporated in 2014 and is headquartered in Waltham, Massachusetts.