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Fly News Breaks for July 21, 2017
ISRG
Jul 21, 2017 | 07:59 EDT
Canaccord analyst Jason Mills noted Intuitive Surgical reported another "stellar" quarter with robust volume growth. The analyst said the company is firing on all cylinders and its valuation is priced for perfection, leaving little room for error. Mills raised his price target to $1,000 from $870 on Intuitive surgical shares and said his reason for a Hold rating is its valuation, not fundamentals. He also believes investors are already paying for Intuitive's pipeline through 2018.
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