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Fly News Breaks for May 22, 2017
ISRG
May 22, 2017 | 09:16 EDT
Morgan Stanley analyst David Lewis said he sees further upside to Intuitive Surgical shares saying the Q2 launch of da Vinci X begins the "most robust" period of platform innovation in the company's history and views the da Vinci Single Port and flexible catheter system creating materially more volume that Street estimates capture. The analyst said the inflection could add $75/share by 2025 and raised his price target to $950 from $840 and reiterated his Overweight rating.
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