JP Morgan Raises ISRG Price Target to $350

By Anna Gerardi
July 20, 2011 8:33 AM

Symbols: ISRG

Posted in: Analyst Color, Price Target, Analyst Ratings

JP Morgan has issued a report raising the Price Target on Intuitive Surgical (NASDAQ: ISRG) form $325 to $350 a share.

According to the report, "With only modest adjustments to revenue and procedure guidance for the year, we see little to change the investment debate, as we maintain our valuation-based Neutral rating and adjust our Dec 2011 price target to $350."

ISRG has a Neutral Rating and closed at $375.90 a share yesterday.

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JP Morgan Raises ISRG Price Target to $350

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