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Stock Market & Financial Investment News

News Breaks
April 2, 2014
08:12 EDTISRGIntuitive Surgical upgraded to Outperform, price target $700 at JMP Securities
JMP Securities upgraded Intuitive Surgical two notches to Outperform from Underperform given the da Vinci system Xi opportunity. The firm raised 2015 EPS estimate to $19.04 from $16.47 and revenue estimate to $2.7B from $2.4B and its price target to $700 from $320.
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November 10, 2014
07:57 EDTISRGIntuitive Surgical survey positive on hernia opportunity, says JPMorgan
JPMorgan said its survey of 25 U.S.-based general surgeons who have used da Vinci for hernia procedures yielded positive outlook on the hernia opportunity for Intuitive Surgical. The firm says the complexity of the robot does not appear to be an issue. It keeps an Overweight rating on Intuitive with a $550 price target.

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