Reported 3 days ago
Analysts at Bernstein SocGen Group have raised the price target for Intuitive Surgical, Inc. (ISRG) from $675 to $685 as the company enters the global launch phase of its da Vinci 5 surgical system. The company reported strong second-quarter earnings of $2.44 billion, exceeding projections by 4%, and its placements of da Vinci 5 systems increased significantly. Despite some shortfalls in worldwide placements, Intuitive Surgical's focus on minimally invasive surgery continues to drive growth.
Source: YAHOO