Analysts React To Intuitive Surgical Q3 Performance, Slash Price Targets
Portfolio Pulse from Lekha Gupta
Intuitive Surgical Inc's (ISRG) Q3 FY23 earnings beat analyst consensus estimates, but sales fell short. The company revised its FY23 procedure volume outlook and cut its gross margin outlook. Several analysts have lowered their price targets and estimates for the company following the earnings report.
October 20, 2023 | 7:14 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Intuitive Surgical's Q3 earnings beat estimates but sales missed, leading to a drop in share price and lowered analyst price targets.
Intuitive Surgical's Q3 earnings beat estimates but sales missed, leading to a drop in share price and lowered analyst price targets. This could lead to a short-term negative impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100