Reasons for the Decline in Intuitive Surgical Stock This Week
Shares of Intuitive Surgical (NASDAQ: ISRG) experienced a decline last week as worries grew regarding a potential slowdown in the company’s growth trajectory. Strong Second Quarter Results In the second quarter, Intuitive reported a 16% increase year-over-year in procedures performed globally. The use of its da Vinci robotic surgical platform rose by 15%, while the […]
Reasons for the Drop in Intuitive Surgical Stock Today
Deutsche Bank Downgrades Intuitive Surgical Stock Deutsche Bank has decided to downgrade Intuitive Surgical’s stock to a “sell” rating. This morning’s move reflects growing concerns among bankers regarding the potential impact of third-party remanufacturers on the company’s surgical tools business. The new price target set by the bank estimates a downside of over 16% for […]
Stocks making the biggest moves after hours: Intuitive Surgical, Netflix and more – CNBC
These are the stocks with notable moves after the market closed on July 18: Netflix — The streaming giant fell less than 1% after its second-quarter sales and profits beat expectations. Netflix reported earnings of $4.88 per share on revenue of $9.56 billion. Analysts surveyed by LSEG had expected $4.74 per share on revenue of […]