Why TransEnterix (TRXC) Stock Is Gaining Today

NEW YORK (TheStreet) -- TransEnterix (TRXC) shares had coverage initiated with a "buy" rating by analysts at Stifel Nicolaus on Friday. The stock is up 8.3% to $4.46 in trading today.

The firm set a $7 price target on the shares, suggesting a 64% increase from its opening price Friday of $4.26.

Must Read
: Warren Buffett's 10 Favorite Growth Stocks

If you liked this article you might like

7 Stocks Under $10 That Could Make You a Lot of Money

7 Stocks Under $10 Making Big Moves Higher

TransEnterix (TRXC) Stock Tumbles After Posting Q1 Results

7 Stocks Under $10 Spiking Toward Big Gains

7 Stocks Under $10 to Trade for Big Profits