Morgan Stanley Believes That Delays Temper Enthusiasm For Intuitive Surgical - Intuitive Surgical (NASDAQ:ISRG)

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In a report published Wednesday, Morgan Stanley analyst David R. Lewis reiterated an Equal-Weight rating and $500.00 price target on

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Intuitive Surgical

(NASDAQ: ISRG).In the report, Morgan Stanley noted, “Expectations were high into the quarter, and while results beat consensus, upside was driven by OUS and 4Q procedure guidance implies a slowdown. Despite a solid quarter, delays for Sp and Japan and 3Q US procedure deceleration temper our enthusiasm. We remain EW with a PT of $500.”Intuitive Surgical closed on Tuesday at $495.77.