Information Provided By:
Fly News Breaks for March 30, 2016
ISRG
Mar 30, 2016 | 06:03 EDT
After reviewing the competition, Piper Jaffray analyst Matt O'Brien does not believe competing technologies will have much of an impact on Intuitive Surgical until at least 2018. Even then, it is doubtful they will seriously impact Intuitive's top-line trajectory, the analyst tells investors in a research note. He points out that most of the competition are targeting general surgery and prostate cancer, which represent around 40% of Intuitive's cases per year. O'Brien keeps a Neutral rating on Intuitive Surgical shares with a $550 price target citing valuation.
News For ISRG From the Last 2 Days
There are no results for your query ISRG