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Intuitive Surgical price target raised to $571 from $566 at BTIG

BTIG raised the firm’s price target on Intuitive Surgical (ISRG) to $571 from $566 and keeps a Buy rating on the shares following the Q2 results. Despite the second quarter in a row where placements fell short of expectations, System average selling prices remain strong, coupled with new geographic market expansion, and healthy procedure demand, the analyst tells investors in a research note.

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