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Stock analysts at SunTrust lifted their price objective on shares of Intuitive Surgical (NASDAQ:ISRG) from $541.00 to $563.00 in a report issued on Tuesday. SunTrust’s price target indicates a potential upside of 19.78% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Intuitive Surgical in a research note on Thursday, July 24th. They now have a $485.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Intuitive Surgical in a research note on Wednesday, July 23rd. They set a “positive” rating and a $370.00 price target on the stock. Finally, analysts at Cantor Fitzgerald raised their price target on shares of Intuitive Surgical from $420.00 to $465.00 in a research note on Wednesday, July 23rd. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $463.16.

In other Intuitive Surgical news, SVP Colin Morales sold 4,105 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $478.66, for a total transaction of $1,964,899.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Intuitive Surgical (NASDAQ:ISRG) traded up 0.54% on Tuesday, hitting $472.54. The stock had a trading volume of 100,160 shares. Intuitive Surgical has a one year low of $346.46 and a one year high of $541.23. The stock’s 50-day moving average is $444.8 and its 200-day moving average is $418.7. The company has a market cap of $16.988 billion and a price-to-earnings ratio of 38.62.

Intuitive Surgical (NASDAQ:ISRG) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.82 by $0.91. The company had revenue of $512.00 million for the quarter, compared to the consensus estimate of $502.23 million. During the same quarter in the previous year, the company posted $3.90 earnings per share. The company’s revenue for the quarter was down 11.5% on a year-over-year basis. Analysts expect that Intuitive Surgical will post $15.27 EPS for the current fiscal year.

Intuitive Surgical, Inc (NASDAQ:ISRG) designs, manufactures and markets da Vinci Surgical Systems and related instruments and accessories.

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