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May 14, 2014
07:44 EDTISRGIntuitive Surgical price target lowered to $415 from $443 at Leerink
Leerink lowered its price target for Intuitive Surgical shares citing low visibility into a turnaround for procedure growth and system placement trends. Leerink said a general surgeon it spoke to was hesitant to characterize Intuitive's new Xi system as a "must have" technology. The firm keeps a Market Perform rating on the stock.
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