BTIG Lifts PT on Intuitive Surgical (ISRG) to $600 Amid Improved Procedures Outlook
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January 22, 2016 8:36 AM EST
Wedbush analyst, Tao Levy, thinks Intuitive Surgical (NASDAQ: ISRG) management was more upbeat than usual on its 4th quarter call where the team usually sets the bar low. No change to Outperform rating or $680 PT.
Management was upbeat and optimistic in its assessment of 2016 and expects to grow procedures in the 9%-12% range, after posting solid 15% growth in 2015. Some of this could... More
January 22, 2016 7:23 AM EST
Evercore ISI analyst Vijay Kumar reiterated a Buy rating and raised his price target on Intuitive Surgical (NASDAQ: ISRG) to $620.00 (from $600.00) following strong results after teh close.
The firm raised FY16 EPS from $20.40 to $21.30 mainly due to higher gross margins assumptions,... More
January 21, 2016 4:21 PM EST
Intuitive Surgical, Inc. (NASDAQ: ISRG) and Trumpf Medical, a division of Hill-Rom Holdings, Inc. (NYSE: HRC), today announced that the Food and Drug Administration has cleared Intuitive Surgicals 510 (k) to offer Integrated Table Motion for the da Vinci Xi Surgical System in the United States.
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January 21, 2016 4:08 PM EST
Intuitive Surgical (NASDAQ: ISRG) reported Q4 EPS of $5.89, $0.85 better than the analyst estimate of $5.04. Revenue for the quarter came in at $677 million versus the consensus estimate of $655.32 million.
Commenting on the announcement, Dr. Gary Guthart, President and CEO of Intuitive Surgical, said,... More
