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Fly News Breaks for April 18, 2018
ISRG
Apr 18, 2018 | 08:52 EDT
RBC Capital analyst Brandon Henry raised his price target on Intuitive Surgical to $460 after the company's latest earnings beat. Henry says the momentum in the company's general surgery business continues, allowing it to continue accelerated investment on several pipeline technologies which could expand its total addressable market and retain its status as the premium player in the surgical robotics market. Henry keeps his Sector Perform rating on Intuitive Surgical citing competition from "new and upcoming" firms.
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