H.C. Wainwright downgraded Asensus Surgical to Neutral from Buy with a price target of 35c, down from $2, after the company entered into a letter of intent with Karl Storz that includes a proposal to be acquired for a purchase price of 35c per share in cash.
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Read More on ASXC:
- Asensus Surgical, Inc. Announces Non-Binding Acquisition Proposal and Exclusivity Arrangement with KARL STORZ SE & Co. KG
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- Asensus Surgical to Participate in the Oppenheimer 34th Annual Healthcare MedTech & Services Conference
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