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January 24, 2014
05:59 EDTISRGIntuitive Surgical procedure outlook likely conservative, says Jefferies
Jefferies says that while Intuitive Surgical's lack of revenue and earnings guidance is indicative of near-term headwinds and uncertainties, its procedure guidance met expectations and is likely conservative. The firm believes Intuitive's long-term growth prospects remain compelling and it keeps a Buy rating on the stock with a $480 price target following the company's Q4 results.
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