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Intuitive Surgical price target raised to $595 from $575 at Piper Sandler

Piper Sandler analyst Adam Maeder raised the firm’s price target on Intuitive Surgical (ISRG) to $595 from $575 and keeps an Overweight rating on the shares. The firm reported a strong Q2 ahead of consensus on both the top and bottom line. Additionally, management raised its 2025 procedure guidance from +15%-17% year-over-year to +15.5%-17%, which Piper believes leaves room for further upside to materialize this year.

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