After attending the Society of American Gastrointestinal and Endoscopic Surgeons meeting, where Intuitive Surgical hosted an analyst event, Cantor Fitzgerald analyst Craig Bijou reiterates an Overweight rating on the shares with a $620 price target. The analyst sees “several reasons” to believe that Intuitive Surgical’s momentum should continue, including “rapid” adoption of robotic hernia repair and robotic penetration expanding across a broad array of general surgery procedures. Intuitive Surgical is “years ahead of its competition in developing an intelligent surgery system, and its integrated ecosystem and vast data collection should help protect its lead,” Bijou tells investors in a research note.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.