Intuitive Surgical (ISRG) PT Raised to $750 at Canaccord Genuity; 'Hitting on All Cylinders'

Intuitive Surgical (ISRG) PT Raised to $775 at Evercore ISI

July 20, 2016 7:54 AM EDT

Evercore ISI analyst Vijay Kumar reiterated a Buy rating and raised estimates and his price target on Intuitive Surgical (NASDAQ: ISRG) to $775.00 (from $750.00) following strong results. The firm is raising estimates for FY17 EPS from prior $24.50 to $25.25 and FY18 from $27.50 to $28.65.

What they liked in the quarter:

1) Procedures came in above guidance (16%) and... More

Microsoft helps Wall St. to another day of record highs

July 20, 2016 7:23 AM EDT

By Lewis Krauskopf

(Reuters) - Wall Street gained on Wednesday and the S&P 500 and Dow industrials set fresh records, as Microsoft's strong results boosted the indexes and marked the latest sign that U.S. corporate earnings season may be less dour than feared.

Microsoft (NASDAQ: MSFT) shares surged 5.3 percent after the software giant posted sharp growth in its cloud computing business.

The stock gave by far the biggest lift to the major indexes and the tech sector .

Defensive sectors such as utilities and telecoms have led the market's gains... More

Intuitive Surgical (ISRG) PT Raised to $78 at Leerink Partners Following Another 'Beat and Raise'

July 20, 2016 7:23 AM EDT

Leerink Partners analyst Richard Newitter reiterated an Outperform rating and boosted his price target on Intuitive Surgical (NASDAQ: ISRG) to $780.00 (from $710.00) on beat & raise.

Newitter comments, "We remain bullish on ISRG amid an improving procedure & GM outlook plus new prod cycle momentum... More

Intuitive Surgical (ISRG) PT Raised to $700 at Piper Jaffray But Risk/Reward Keeps Them Sidelined

July 20, 2016 7:16 AM EDT

Piper Jaffray analyst Matt O'Brien raised his price target on Intuitive Surgical (NASDAQ: ISRG) to $700.00 (from $610.00) following another 'beat and raise' quarter but maintained a Neutral rating citing risk/reward.

O'Brien commented, "This evening, ISRG reported another beat and raise quarter with... More

BTIG Loves Intuitive Surgical's (ISRG) Business, But Remains Sidelined on the Stock

July 20, 2016 7:06 AM EDT

BTIG affirms Intuitive Surgical (Nasdaq: ISRG) with a Neutral rating following Q2 results issued Tuesday night.

Analyst Sean Lavin commented today: Once again procedures impressed, up 16% y/y. We discussed this in our preview modeling 14%, above consensus of 13%. Additionally systems... More

Intuitive Surgical (ISRG) PT Raised to $755 at Wedbush

July 20, 2016 7:00 AM EDT

Wedbush analyst Tao Levy reiterated an Outperform raring and lifted its price target on Intuitive Surgical (NASDAQ: ISRG) to $755.00 (from $715.00) following strong Q2 results.

"Intuitive Surgical handily exceeded 2Q expectations, including an eighth consecutive quarter of double-digit procedure growth," Levy commented.... More

Intuitive Surgical (ISRG) Tops Q2 EPS by 65c

July 19, 2016 4:06 PM EDT

Intuitive Surgical (NASDAQ: ISRG) reported Q2 EPS of $5.62, $0.65 better than the analyst estimate of $4.97. Revenue for the quarter came in at $670 million versus the consensus estimate of $640.69 million.

Commenting on the announcement, Dr. Gary Guthart, President and CEO of Intuitive Surgical, said, We... More