Ekso Bionics downgraded to Neutral from Buy at H.C. Wainwright

Core Viewpoint - H.C. Wainwright downgraded Ekso Bionics to Neutral from Buy due to its non-binding merger agreement with Applied Digital Cloud, indicating a shift from its core business strategy [1] Group 1: Company Actions - Ekso Bionics entered into a non-binding merger agreement with Applied Digital Cloud, which is seen as a prudent move given the tough financial environment [1] - The downgrade reflects concerns that Ekso Bionics is moving away from its primary focus on commercializing exoskeletons for health and industrial applications [1]