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Intuitive Surgical, Inc. Message Board

  • rrrishi rrrishi Jul 23, 2010 8:41 AM Flag

    ISRG is a rare gem- Robotic Domination reality

    If shorts ran out of steam yesterday then I think we head back higher over the next few weeks.

    Surely, that a/h action after earnings was a "joke"

    The truth is that was all a set up by earnings traders thinking this is over-valued.

    Earnings beat, guidance was also strong and this conmpany is firing on all cylinders.

    At some point between now and December we will certainly head a lot higher. $400 will be broken before december and certainly a catalyt can all be read about in the earnings CC transcripts.

    This is spreading all over health care.

    Talk about Robotic domination!

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    • MR.Rishi, you are very optimistic...

      I have TDAmeritrade account and just look into the news y'day that S&P cut ISRG to hold and it cut it's price target by $30 based on it's valuation. The new price target is $355, what is the gap of current price and 1 year price target!

      "But we cut our target price by $30 to $355 on recent groupwide valuation compression."

      • 2 Replies to mihir_java
      • S & P is one of many offering an opinion. It's an opinion..I might add that S & P has been lackluster at that over the years. It is good to read all opinions, however.

        Just my opinion....

        enjoy the journey.....

      • fish_discover_water_last fish_discover_water_last Jul 23, 2010 9:19 AM Flag

        "But we cut our target price by $30 to $355 on recent groupwide valuation compression."

        I don't put much stock in analysts price targets but what they are saying is that their 12 month price target is 12% higher than the current share price and and them lowering it has nothing to do with a change in ISRG's fundamentals or prospects, only "groupwide valuation compression"

        This would seem to refute your claim that ISRG's fundamentals don't justify a $300 share price. S&P certainly seems to think so.

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