Leerink Partners Raises Price Target on Intuitive Surgical (ISRG) to $710 Following Strong 1Q

Pre-Open Stock Movers 04/20: (ONCS) (VMW) (LXK) Higher; (ANGI) (CAMP) (DV) Lower (more...)

April 20, 2016 9:26 AM EDT

Today's Pre-Open Movers:

OncoSec Medical Incorporated (NASDAQ: ONCS) 36.1% HIGHER; presented long-term, follow-up data of patients who were treated with its investigational therapy ImmunoPulse IL-12 and later went on to receive an... More

Wall Street flirts with record high levels as companies report

April 20, 2016 9:01 AM EDT

By Noel Randewich

(Reuters) - Wall Street ended less than 2 percent short of a record-high close on Wednesday as a rebound in oil prices added to optimism sparked by a raft of earnings reports.

Driven 15 percent higher since mid-February by a recovery in weak oil prices and helped by a softer dollar, the S&P 500 stood less than 30 points below last May's all-time peak.

Investors fixated on a parade of first-quarter results, including an upbeat report from VMWare and a disappointing scorecard from Coca-Cola.

Weighed down by the energy sector, first-quarter earnings at S&P 500... More

Intuitive Surgical (ISRG) Procedure Growth Drives Guidance Increase - Wedbush

April 20, 2016 8:59 AM EDT

Wedbush analyst, Tao Levy, noted that Intuitive Surgical's (NASDAQ: ISRG) robots were very busy this quarter. Procedure growth exceeded expectations at 17% yr/yr vs consensus of 12%, and management raises the guidance range to 12%-14% from 9%-12%.

Looking forward, the adoption in general surgery, specifically hernia repair and colorectal surgery, has hit an inflection point that... More

Intuitive Surgical (ISRG) PT Raised to $700 at Evercore ISI

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

Intuitive Surgical (ISRG) PT Raised to $610 at Piper Jaffray

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

Intuitive Surgical (ISRG) Tops Q1 EPS by 9c

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.

... More