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Stock Market & Financial Investment News

News Breaks
April 8, 2014
09:44 EDTISRGDoctors upset over Intuitive system's lack of interoperability, TheStreet says
The doctors and hospitals "expected to pay for and use" the new da Vinci Xi systems recently launched by Intuitive Surgical are upset over the way the launch was handled and the fact that the new system does not work with their existing prior generation da Vinci robots, said Benjamin Davies, MD, in a report published by TheStreet. Reference Link
News For ISRG From The Last 14 Days
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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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