Wells Fargo Maintains Overweight on Intuitive Surgical, Raises Price Target to $549
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen has maintained an Overweight rating on Intuitive Surgical (NASDAQ:ISRG) and raised the price target from $466 to $549.
October 18, 2024 | 1:50 pm
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Wells Fargo has reaffirmed its positive outlook on Intuitive Surgical by maintaining an Overweight rating and increasing the price target to $549, indicating confidence in the company's future performance.
The increase in price target from $466 to $549 by a major financial institution like Wells Fargo suggests a strong positive outlook for Intuitive Surgical. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100