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Fly News Breaks for July 20, 2016
ISRG
Jul 20, 2016 | 07:16 EDT
Stifel increased its price target on Intuitive Surgical after the company's products carried out more procedures than expected in Q2 and its financial results beat expectations. The firm thinks that the company's procedure growth and gross margin guidance could prove conservative even after they were increased on the Q2 earnings call. The firm says that the company's pipeline is gaining momentum, and it keeps a Buy rating on the shares.
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