Intuitive Surgical, Inc. (ISRG) PT Raised to $755 by Wedbush Analyst
Wedbush analyst, Tao Levy, weighed in on Intuitive Surgical, Inc.(NASDAQ:ISRG), reiterating an Outperform rating and raising his price target to$755.00 (from $715), following the company’s strong Q2 results.
The analyst explains, “Intuitive Surgical handily exceeded 2Q expectations, including an eighth consecutive quarter of double-digit procedure growth.” The company is expected to increase its procedure growth outlook into 2016 to 14%-15%.
According to TipRanks, Tao Levy is ranked #205 of 4,057 analysts. He maintains a 64% success rate and an average return of 17.3%.