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Intuitive Surgical price target raised to $615 from $605 at RBC Capital

RBC Capital analyst Shagun Singh raised the firm’s price target on Intuitive Surgical (ISRG) to $615 from $605 and keeps an Outperform rating on the shares. Intuitive Surgical delivered another quarterly beat, and the earnings call helped dispel some investor concerns coming into the quarter on dV5 adoption and ramp, hospital environment, and re-manufacturers, the firm says in a research note.

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