Intuitive Surgical (ISRG) Procedure Growth Drives Guidance Increase - Wedbush
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Go back to Intuitive Surgical (ISRG) Procedure Growth Drives Guidance Increase - Wedbush
April 20, 2016 10:15 AM EDT
Leerink Partners reiterated an Outperform rating on Intuitive Surgical (NASDAQ: ISRG), and raised the price target to $710.00 (from $700.00), following the company's 1Q earnings report. ISRG reported revenue results of $595M, slightly ahead of consensus' $591M. EPS also beat consensus with $4.42, compared to $4.33.
Analyst Richard Newitter... More
April 20, 2016 7:40 AM EDT
Evercore ISI analyst Vijay Kumar raised his price target on Buy-rated Intuitive Surgical (NASDAQ: ISRG) to $700.00 (from $675.00) following Q1 results.
The firm lowered FY16 EPS from $21.30 to $20.75 mainly due to lower systems revenues (impact of upgrades + leases) offset partly by higher procedure growth assumptions. FY17 EPS was raised from $24.00 to... More
April 20, 2016 6:35 AM EDT
Piper Jaffray analyst Matt O'Brien raised his price target on Intuitive Surgical (NASDAQ: ISRG) to $610.00 (from $550.00) following solid Q1 results but maintained a Neutral rating.
O'Brien commented, "This evening, Intuitive announced solid Q1 results driven by stronger than expected procedure growth (general... More
April 19, 2016 4:05 PM EDT
Intuitive Surgical (NASDAQ: ISRG) reported Q1 EPS of $4.42, $0.09 better than the analyst estimate of $4.33. Revenue for the quarter came in at $594.5 million versus the consensus estimate of $593.08 million.
For earnings history and earnings-related data on Intuitive Surgical (ISRG) click here.
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