Overview
- Bernstein SocGen reiterated an Outperform rating with a $685 price target on September 4, calling the current range a buy opportunity and pointing to upcoming launches to lift sentiment.
- Bank of America Securities reaffirmed a Buy on September 10 with a $650 target despite recent share weakness, reinforcing positive near-term expectations.
- Intuitive reported second‑quarter revenue up 21% year over year to $2.44 billion as the next‑generation da Vinci 5 entered a broad commercial launch phase.
- A Seeking Alpha author initiated coverage with a Buy and disclosed a long position, citing a dominant installed base, high surgeon adoption, and a razor‑and‑blades model that drives recurring revenue.
- Bernstein referenced five transformational product launches and said the company has more upside to near‑term EPS estimates than any other stock it covers, while Insider Monkey cited a $597 median 12‑month target implying sizable upside from September 16 levels.