Intuitive Surgical shares are trading higher after Goldman Sachs initiated coverage on the stock with a Buy rating and $500 price target.
Portfolio Pulse from Benzinga Newsdesk
Intuitive Surgical shares are trading higher after Goldman Sachs initiated coverage on the stock with a Buy rating and $500 price target.
May 30, 2024 | 2:48 pm
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POSITIVE IMPACT
Goldman Sachs has initiated coverage on Intuitive Surgical with a Buy rating and a $500 price target, leading to a rise in the stock price.
The initiation of coverage by a major financial institution like Goldman Sachs with a Buy rating and a high price target is a strong positive signal for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100