Intuitive Surgical Announces Fourth Quarter Earnings

Go back to Intuitive Surgical Announces Fourth Quarter Earnings

Intuitive Surgical (ISRG) PT Raised to $480 at Stifel Following 4Q Pre-Announcement

January 26, 2018 8:02 AM EST

Stifel raised its price target on Intuitive Surgical (NASDAQ: ISRG) to $480.00 (from $400.00) while maintaining a Buy rating following the company's 4Q pre-announcement. Full-year 2018 gross margin is expected in the 70%-71.5% range; down roughly 100 bps Y/Y driven by high new product costs and incremental manufacturing... More