Evercore ISI Cuts Intuitive Surgical Price Target Amid Quarterly Results
Evercore ISI has lowered its price target for Intuitive Surgical to $550 from $580 while reiterating an "In Line" rating after the company's fourth-quarter earnings report. Intuitive Surgical posted revenue of $2.87 billion, a 19% increase, and strong system placement figures but offered conservative procedure growth projections for fiscal 2026. Th…