Analyst Suggests Buying Intuitive Surgical 'Aggressively on Any Pullbacks' (ISRG)

November 24, 2009 9:35 AM EST

Brean Murray maintains a 'Buy' on Intuitive Surgical (Nasdaq: ISRG), price target $280.

Brean analyst says, "At $280.80, the stock is trading at 40x our FY10 EPS estimate of $7.03 and bumping up against our target price. The fundamentals, particularly the longer-term one, seem to be remaining intact, however, and thus we would argue for buying aggressively on any pullbacks in the stock."

To see all the upgrades/downgrades on shares of ISRG, visit our Analyst Ratings page.

Intuitive Surgical, Inc. (Intuitive Surgical) is engaged in the designing, manufacturing and marketing of the da Vinci Surgical Systems.


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