Intuitive Surgical, Inc. (ISRG) Message Board

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Biotech / Medical : Intuitive Surgical, Inc. (ISRG)

ISRG 534.28

+0.8%

Oct 31 9:30 AM EST

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From: IceHawk	7/20/2018 12:08:21 AM
	Read Replies (1) of 438

Cantor Fitzgerald Believes Intuitive Surgical (NASDAQ: ISRG) Still Has Room to Grow July 19, 2018 By Ryan Adsit In a report released yesterday, Craig Bijou from Cantor Fitzgerald reiterated a Buy rating on Intuitive Surgical (NASDAQ: ISRG), with a price target of $620. The company’s shares closed yesterday at $521.29, close to its 52-week high of $532.30. Bijou commented: “: We reiterate our Overweight rating on shares of ISRG and raise our price target to $620 from $510. Quarter after quarter, ISRG continues to justify its premium valuation, again significantly beating on all metrics we track, including the top and bottom line. ISRG delivered 18% procedure growth for 2Q18, one of the strongest quarterly procedure growth figures y/y in the last five years, with broad strength across all procedure categories. ISRG raised full-year 2018 procedure growth guidance to 14.5-16.5% from 12-15%. The installed based grew 12% and utilization was up by mid-single digits.”

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