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Intuitive Surgical, Inc. Message Board

  • fastmoneypete fastmoneypete Mar 15, 2013 9:56 AM Flag

    Analyst downgrade

    March 15, 2013
    09:00 EDT ISRG
    theflyonthewall: ACOG issued warning about Intuitive Surgical product, says Northland Securities
    After the President of the American Congress of Obstetricians and Gynecologists, Dr. James Breeden, issued a statement on robotic-assisted surgery in hysterectomies yesterday, Northland Securities believes Breenden was attempting to issue a warning about overuse of Intuitive Surgical's da Vinci product for hysterectomies due to aggressive marketing and unsubstantiated clinical claims.
    The firm sets a $400 price target and Underperform rating on the stock.

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