Wells Fargo Maintains Overweight on Intuitive Surgical, Lowers Price Target to $363
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen has maintained an Overweight rating on Intuitive Surgical (NASDAQ:ISRG) but lowered the price target from $386 to $363.
October 20, 2023 | 2:51 pm
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Intuitive Surgical's price target has been lowered by Wells Fargo from $386 to $363, while maintaining an Overweight rating.
The news directly pertains to Intuitive Surgical as Wells Fargo has lowered its price target for the company. However, the Overweight rating suggests that the analyst still sees potential in the stock, which may offset the negative impact of the lowered price target. Therefore, the short-term impact on the stock price is neutral.
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