Wells Fargo Maintains Overweight on Intuitive Surgical, Raises Price Target to $416
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen has maintained an Overweight rating on Intuitive Surgical (NASDAQ:ISRG) and increased the price target from $363 to $416.
January 19, 2024 | 1:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo analyst Larry Biegelsen has reaffirmed an Overweight rating on Intuitive Surgical and raised the price target to $416, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100