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OpGen downgraded to Neutral from Buy at H.C. Wainwright

OpGen downgraded to Neutral from Buy at H.C. Wainwright

H.C. Wainwright analyst Yi Chen downgraded OpGen to Neutral from Buy without a price target following the sales miss in Q2. The company continues to consider all alternatives, which include obtaining relief under U.S. and applicable foreign bankruptcy laws, the analyst tells investors in a research note. In view of the Q2 update, the firm believes it is prudent to downgrade the shares pending further updates from the company.

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