|Bid||930.00 x 100|
|Ask||965.00 x 100|
|Day's Range||926.79 - 953.39|
|52 Week Range||610.71 - 974.66|
|PE Ratio (TTM)||47.85|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Intuitive Surgical is hamstrung on a "psychological barrier" at 1,000, an analyst argued Friday as shares toppled despite the firm's sales and earnings beat late Thursday.
Procedures continued their strong march ahead despite constraints in Asia.
Intuitive Surgical (ISRG) The maker of surgical robots is in the spotlight today. After Intuitive posted second quarter financial results late Thursday that comfortably beat estimates and lifted its estimate for procedure growth, analysts raced to lift price targets on the stock. The Barclays analyst lifted his price target by $130 to $1,000 a share While we acknowledge these are real factors, we note ISRG has a history of being conservative with guidance and procedure comps ease slightly in the 2H.