Intuitive Surgical (ISRG) Receives a Buy from Wells Fargo


In a report released yesterday, Larry Biegelsen from Wells Fargo maintained a Buy rating on Intuitive Surgical (ISRG). The company’s shares closed last Wednesday at $574.46.

According to TipRanks.com, Biegelsen is a 5-star analyst with an average return of 12.3% and a 65.5% success rate. Biegelsen covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Inspire Medical Systems, and Zimmer Biomet Holdings.

Currently, the analyst consensus on Intuitive Surgical is a Moderate Buy with an average price target of $545.86.

See today’s analyst top recommended stocks >>

The company has a one-year high of $619.00 and a one-year low of $360.50. Currently, Intuitive Surgical has an average volume of 978K.

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ISRG in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Intuitive Surgical, Inc. engages in the development, manufacture, and marketing of da Vinci Surgical Systems, and related instruments and accessories for invasive surgery. Its products include Da Vinci and Ion. The company was founded by Frederic H. Moll, John Gordon Freund, and Robert G. Younge in November 1995 and is headquartered in Sunnyvale, CA.

Read More on ISRG:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts