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Fly News Breaks for April 20, 2016
ISRG
Apr 20, 2016 | 07:36 EDT
Canaccord said the Q1 results from Intuitive Surgical strengthens their bullish conviction in the story. The firm cited volume trends, COGS efficiencies and gross margin expansion, and research and development spending plans. Canaccord reiterated its Buy rating and raised its price target to $700 from $664 on Intuitive Surgical shares.
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