Information Provided By:
Fly News Breaks for July 20, 2016
ISRG
Jul 20, 2016 | 08:08 EDT
Leerink analyst Richard Newitter raised his price target for Intuitive Surgical to $780 from $710 following the company's Q2 revenue and EPS beat, which was marked by "solid" year over year procedure growth and gross margin outperformance. The analyst remains bullish on Intuitive Surgical and reiterates an Outperform rating on the stock.