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Fly News Breaks for April 19, 2017
ISRG
Apr 19, 2017 | 08:00 EDT
Leerink analyst Richard Newitter raised his price target for Intuitive Surgical to $850 from $840 on slightly higher cash/share assumption. The analyst reiterates an Outperform rating on Intuitive Surgical following Q1 which saw over 18% procedure growth that was well-above expectations, along with gross margin upside, and a higher 2017 outlook for both.
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