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Stock Market & Financial Investment News

News Breaks
April 4, 2014
12:31 EDTISRGIntuitive Surgical price target raised to $650 from $550 at Barrington
Barrington raised its price target for Intuitive Surgical shares to $650 saying the new da Vinci Xi system will increase the company's average selling prices and "reinvigorate" its systems revenue. Barrington believes the Street's 2014-2016 estimates for the company are probably too low and keeps an Outperform rating on the stock.
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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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