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Intuitive Surgical, Inc. Message Board

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  • mihir_java mihir_java Jul 23, 2010 8:49 AM Flag

    ISRG is a rare gem- Robotic Domination reality

    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."

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    • 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.

    • 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.....

 
ISRG
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