Morgan Stanley Maintains Equal-Weight on Intuitive Surgical, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Cecilia Furlong has maintained an Equal-Weight rating on Intuitive Surgical (NASDAQ:ISRG) and increased the price target from $300 to $330.

December 04, 2023 | 12:41 pm
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POSITIVE IMPACT
Morgan Stanley has raised the price target for Intuitive Surgical from $300 to $330 while maintaining an Equal-Weight rating.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, since the rating remains Equal-Weight, it indicates that the stock is perceived to be valued appropriately at the moment, which may temper the impact of the price target increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100