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A statement released earlier today by RBC Capital about Intuitive Surgical (NASDAQ:ISRG) raises the target price to $760.00

Intuitive Surgical (NASDAQ:ISRG) had its target price raised to $760.00 by RBC Capital in a report released 10/19/2016. The new target price indicates a possible upside of 0.05% based on the company's last stock close price.

Yesterday Intuitive Surgical (NASDAQ:ISRG) traded 1.73% higher at $721.73. The company’s 50-day moving average is $703.09 and its 200-day moving average is $666.36. The last stock close price is up 8.31% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 518,327 shares of the stock were exchanged, up from an average trading volume of 243,312

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Intuitive Surgical (NASDAQ:ISRG)

Intuitive Surgical has a 52 week low of $483.11 and a 52 week high of $727.25 with a P/E ratio of 40.96 The company’s market cap is currently $0.

In addition to RBC Capital reporting its target price, a total of 17 firms have issued a report on the stock. The consensus target price is $675.41 with 7 firms rating the stock a strong buy, 6 firms rating the stock a buy, 6 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Intuitive Surgical (NASDAQ:ISRG)

Intuitive Surgical, Inc. (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company's da Vinci Surgical System consists of a surgeon's console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon's hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation solution and three-dimensional (3-D), high-definition vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery procedures. Its da Vinci Surgery utilizes computational, robotic and imaging technologies. It focuses on five surgical specialties: gynecologic surgery, urologic surgery, general surgery, cardiothoracic surgery, and head and neck surgery.

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