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Stock Market & Financial Investment News

News Breaks
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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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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