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Oppenheimer upgrades Intuitive Surgical to Outperform with $500 price target

GuruFocus.com +1 ·

ISRG Intuitive Surgical Inc
$401.23 +2.00%
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  1. 1Oppenheimer upgraded Intuitive Surgical (ISRG) from Perform to Outperform and set a price target of $500.
  2. 2The firm cited workflow integration issues with Johnson & Johnson (JNJ) Ottava and installation space constraints with Medtronic (MDT) Hugo.
  3. 3The stock has fallen more than 30% year-to-date, and multiple brokerages have issued upgrades over the past roughly three weeks.

This 3-line summary is compiled from the report below.

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