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Intuitive Surgical price target raised to $599 from $559 at Wells Fargo

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.

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