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April 4, 2014
06:51 EDTISRGIntuitive Surgical new robot a 'major new product platform,' says William Blair
William Blair believes Intuitive Surgical's just launched da Vinci Xi robot is a "major new product platform." After attending the Society of American Gastrointestinal and Endoscopic Surgeons meeting, the firm says the clinical reaction to the product is "compelling." It raised its estimate of the total addressable market for Intuitive procedures by 44% and keeps an Outperform rating on the stock.
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