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Intuitive Surgical (ISRG) Receives a Buy from RBC Capital

Tipranks - Tipranks - Wed Apr 15, 9:10PM CDT

RBC Capital analyst Shagun Singh Chadha maintained a Buy rating on Intuitive Surgical on April 13 and set a price target of $650.00. The company’s shares closed yesterday at $458.96.

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Singh Chadha covers the Healthcare sector, focusing on stocks such as Boston Scientific, Medtronic, and Becton Dickinson. According to TipRanks, Singh Chadha has an average return of 0.0% and a 45.23% success rate on recommended stocks.

In addition to RBC Capital, Intuitive Surgical also received a Buy from BTIG’s Ryan Zimmerman in a report issued on April 13. However, on the same day, Mizuho Securities assigned a Hold rating to Intuitive Surgical (NASDAQ: ISRG).

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Based on Intuitive Surgical’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.87 billion and a net profit of $794.8 million. In comparison, last year the company earned a revenue of $2.41 billion and had a net profit of $685.7 million

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