Wells Fargo analyst Larry Biegelsen raised the firm’s price target on Intuitive Surgical (ISRG) to $599 from $559 and keeps an Overweight rating on the shares. The firm notes Q2 revenues and EPS came in above consensus, driven by strength across the board. The company reported Q2 procedure growth of about 17% and 2025 procedure growth guidance was raised from 15%-17% to 15.5%-17%, Wells adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ISRG:
- Intuitive Surgical’s Strong Financial Performance and Growth Prospects Justify Buy Rating
- Intuitive Surgical’s Strong Q2 Performance and Strategic Expansions Justify Buy Rating
- Intuitive Surgical’s Strong Q2 Performance and Strategic Moves Justify Buy Rating
- Intuitive Surgical Reports Strong Q2 2025 Earnings
- Intuitive Surgical sees FY25 capital expenditures $650M-$725M