Deutsche Bank maintains a Buy on Intuitive Surgical, Inc. (NASDAQ:ISRG)

Deutsche Bank is bullish on Intuitive Surgical, Inc. (NASDAQ: ISRG) and maintains its Buy rating on ISRG at a price target of $300. After meeting the senior management of ISRG, Deutsche is bullish on Intuitive Surgical as ISRG is doing a management transition.

Intuitive Surgical is coming up with the da Vinci procedures which should act as a strong growth potential and Japan is expected to provide short or medium term opportunity. ISRG is working on introducing new products.

Yesterday shares of Intuitive Surgical, Inc. (NASDAQ: ISRG) closed at $280.07 and made a new 52-week at $281.45 after breaking its previous high. In the current year, ISRG gained over 120%.