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Strategies & Market Trends : The New Economy and its Winners

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To: microhoogle! who wrote (41977)4/18/2008 9:54:17 AM
From: Bill Harmond  Read Replies (1) of 57684
 
18-Apr-08 07:07 ET In Play Intuitive Surgical downgraded to Accumulate at ThinkPanmure- tgt $360 (348.50 ) : ThinkPanmure downgrades ISRG to Accumulate from Buy and reits their $360 tgt saying they believe there is no doubt about the strength of the company or the 1Q results. However, the firm thinks the ongoing outperformance in 2008 will help ISRG grow into its valuation multiple, much like 2006 where the company did well, but the shares were volatile, and they did not appreciate.
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