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Stock Market & Financial Investment News

News Breaks
February 7, 2013
06:20 EDTISRGIntuitive Surgical can meet or beat 2013 procedure outlook, says William Blair
William Blair said its analysis and channel checks indicate Intuitive Surgical can meet or beat its 2013 procedure growth guidance of 20%-23% and sustain roughly 20% growth for the next several years. The firm recommends investors add to positions more aggressively on any pullbacks and keeps an Outperform rating on the stock.
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May 15, 2015
10:29 EDTISRGAmerican Urological Association to hold an annual meeting
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May 12, 2015
10:01 EDTISRGOn The Fly: Analyst Initiation Summary
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05:34 EDTISRGIntuitive Surgical initiated with a Neutral at Piper Jaffray
Piper Jaffray analyst Matt O'Brien started shares of Intuitive Surgical with a Neutral rating and $505 price target. O'Brien calls the stock "simply too expensive" relative to expected sales and earnings, but admits Intuitive's robotic surgical technology will likely dominate the market in the coming years. Further, the analyst thinks the company's da Vinci Prostatectomy and da Vinci Hysterectomy procedures could contract amid new diagnostic tests and insurance pushback. The stock closed yesterday up $2.05 to $496.37.

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