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Jefferies Positive on Intuitive Surgical (ISRG) Into Q3 Print

October 20, 2014 7:49 AM EDT
Get Alerts ISRG Hot Sheet
Price: $400.10 --0%

Rating Summary:
    27 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 8 | New: 10
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Jefferies analyst Imron Zafar reiterated a Buy rating and $500 price target on Intuitive Surgical (NASDAQ: ISRG) into Q3 results after the close on October 21st, following hospital/surgeon checks.

Zafar commented, "Our checks ahead of 3Q results point to encouraging trends/prospects for both placements and utilization. In this note, we present our latest thoughts, informed by recent hospital/surgeon due diligence. With continued Xi momentum, core market stabilization, and inroads in emerging procedures/geographies, estimates appear achievable and LT prospects remain compelling – supporting our Buy rating."

For an analyst ratings summary and ratings history on Intuitive Surgical click here. For more ratings news on Intuitive Surgical click here.

Shares of Intuitive Surgical closed at $470.24 yesterday.



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