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Intuitive Surgical price target lowered to $605 from $666 at Truist

Intuitive Surgical price target lowered to $605 from $666 at Truist

Truist lowered the firm’s price target on Intuitive Surgical (ISRG) to $605 from $666 but keeps a Buy rating on the shares. Tariffs may be a near-term earnings headwind, but a manageable one, the analyst tells investors in a research note. Intuitive Surgical is also better positioned on historical basis to grow through a potential capex slowdown, Truist notes, adding that long-term investors will typically come back to this stock on macro-driven pullbacks.

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