Fintel reports that on April 18, 2023, Mizuho maintained coverage of Intuitive Surgical (NASDAQ:ISRG) with a Neutral recommendation.
Analyst Price Forecast Suggests 5.26% Upside
As of April 6, 2023, the average one-year price target for Intuitive Surgical is $283.02. The forecasts range from a low of $227.25 to a high of $341.25. The average price target represents an increase of 5.26% from its latest reported closing price of $268.89.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Intuitive Surgical is $7,158MM, an increase of 15.04%. The projected annual non-GAAP EPS is $5.57.
What are Other Shareholders Doing?
Retirement Systems of Alabama holds 275K shares representing 0.08% ownership of the company. In it's prior filing, the firm reported owning 280K shares, representing a decrease of 1.97%. The firm increased its portfolio allocation in ISRG by 30.14% over the last quarter.
Thematics Asset Management holds 62K shares representing 0.02% ownership of the company.
EGFIX - Edgewood Growth Fund Institutional Class Shares holds 3,547K shares representing 1.01% ownership of the company. In it's prior filing, the firm reported owning 4,193K shares, representing a decrease of 18.22%. The firm increased its portfolio allocation in ISRG by 29.92% over the last quarter.
McBroom & Associates holds 15K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 16K shares, representing a decrease of 4.77%. The firm decreased its portfolio allocation in ISRG by 97.08% over the last quarter.
Financial Consulate holds 2K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 2K shares, representing an increase of 2.03%. The firm increased its portfolio allocation in ISRG by 98,115.19% over the last quarter.
What is the Fund Sentiment?
There are 2507 funds or institutions reporting positions in Intuitive Surgical. This is an increase of 138 owner(s) or 5.83% in the last quarter. Average portfolio weight of all funds dedicated to ISRG is 0.53%, an increase of 10.84%. Total shares owned by institutions increased in the last three months by 0.55% to 343,196K shares. The put/call ratio of ISRG is 0.64, indicating a bullish outlook.
Intuitive Surgical Background Information
(This description is provided by the company.)
Intuitive, headquartered in Sunnyvale, California, is a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery. Intuitive believes that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, it expands the potential of physicians to heal without constraints.
This story originally appeared on Fintel.
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