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Fly News Breaks for April 22, 2015
ISRG
Apr 22, 2015 | 07:45 EDT
Canaccord said they would not add to positions of Intuitive Surgical at current levels as shares appear fully valued, if not slightly overvalued, relative to discounted cash flow. The firm also cited the company's operating headwinds and negative operating leverage. Canaccord reiterated its Hold rating but raised its price target to $517 from $487 on Intuitive Surgical shares.
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