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Fly News Breaks for June 2, 2016
ISRG
Jun 2, 2016 | 06:20 EDT
JPMorgan analyst Tycho Peterson says his firm's survey of 25 U.S.-based general surgeons "bodes well" for Intuitive Surgical. The surgeons projected continued growth in da Vinci usage for general surgery as well as strong initial interest in adopting the upcoming Sp system, Peterson tells investors in a research note. The analyst reiterates an Overweight rating on Intuitive with a $675 price target. Goldman Sachs this morning downgraded the shares to Neutral from Buy.
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