Medical device maker Intuitive beats estimates on strong demand for surgical robots

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Go back to Medical device maker Intuitive beats estimates on strong demand for surgical robots

Intuitive Surgical (ISRG) PT Raised to $375 at Jefferies

April 19, 2024 7:55 AM EDT

Jefferies analyst Matthew Taylor raised the price target on Intuitive Surgical (NASDAQ: ISRG) to $375.00 (from $365.00) while maintaining a Hold rating.

The analyst comments "ISRG reported 1Q24 revs of $1.89B +11% vs cons $1.87B and EPS of $1.50 +22%, above cons. $1.42. Procedures grew 16% on a tough comp, 'good... More

Intuitive Surgical (ISRG) PT Raised to $390 at Deutsche Bank

April 19, 2024 5:17 AM EDT

Deutsche Bank analyst Imron Zafar raised the price target on Intuitive Surgical (NASDAQ: ISRG) to $390.00 (from $370.00) while maintaining a Hold rating.

The analyst comments "Net/net, 1Q results clearly evidenced that robotic surgery market fundamentals remain quite robust, and our bullish... More

Intuitive Surgical (ISRG) PT Raised to $421 at BTIG

April 19, 2024 5:13 AM EDT

BTIG analyst Ryan Zimmerman raised the price target on Intuitive Surgical (NASDAQ: ISRG) to $421.00 (from $412.00) while maintaining a Buy rating.

The analyst comments "We maintain our Buy and raise our PT to $421 (from $412) following 1Q24 results. ISRG reported revenue of $1.89B (+11.5% Y/Y) and adj. EPS of $1.50 vs. BTIG/Cons.... More