Intuitive Surgical cut to Sell by Deutsche Bank

 Shares of medical technology company Intuitive Surgical (NASDAQ:ISRG) fell 6.2% in the afternoon session after Deutsche Bank cut the stock's rating from Hold to Sell and slashed its price target to $440 from $515, after identifying accelerating competition from lower-cost remanufactured instruments in the Instruments & Accessories segment. 

Conversations with multiple robotic-surgery programs suggest a growing shift toward these third-party devices, threatening both Intuitive's market share and margins, and putting up to 46 % of its U.S. I&A revenue at risk. While the bank's model shows little financial drag in 2026, it expects pressure to emerge in 2027 and intensify through 2028.

https://finviz.com/news/76739/why-intuitive-surgical-isrg-shares-are-trading-lower-today