<div id="readability-page-1"><p><span>Intuitive Surgical (NASDAQ:ISRG - Get Free Report)</span> had its price target reduced by equities researchers at Bank of America  from $650.00 to $520.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a &#34;buy&#34; rating on the medical equipment provider's stock. Bank of America's target price indicates a potential upside of 18.97% from the company's previous close.</p><div><p><span></span><span>Get <strong>Intuitive Surgical</strong> alerts:</span></p></div><ul><li>Intuitive Surgical's Selloff Sets Up a 30% Rebound Opportunity</li></ul><p>A number of other research analysts also recently commented on ISRG. Leerink Partners dropped their price objective on shares of Intuitive Surgical from $622.00 to $573.00 and set an &#34;outperform&#34; rating for the company in a research note on Wednesday, April 22nd. Piper Sandler dropped their price objective on shares of Intuitive Surgical from $620.00 to $580.00 and set an &#34;overweight&#34; rating for the company in a research note on Wednesday, April 22nd. JPMorgan Chase &amp; Co. dropped their price objective on Intuitive Surgical from $625.00 to $550.00 and set an &#34;overweight&#34; rating for the company in a report on Wednesday, April 22nd. TD Cowen dropped their price objective on Intuitive Surgical from $660.00 to $585.00 and set a &#34;buy&#34; rating for the company in a report on Wednesday, April 22nd. Finally, HSBC dropped their price objective on Intuitive Surgical from $653.00 to $604.00 and set a &#34;buy&#34; rating for the company in a report on Wednesday, April 22nd. Nineteen research analysts have rated the stock with a Buy rating, seven have issued  a Hold rating and one  has given a Sell rating to the stock. Based on data from MarketBeat.com, Intuitive Surgical currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $579.33.</p><p><b>Read Our Latest Report on Intuitive Surgical</b></p><h2>Intuitive Surgical Price Performance</h2><ul><li>5 Stocks Racing Ahead as AI Supercharges Robotics</li></ul><p>ISRG traded up $15.95 during trading on Monday, hitting $437.07. The company's stock had a trading volume of 994,654 shares, compared to its average volume of 2,028,287. The firm's 50 day moving average price is $463.63 and its 200-day moving average price is $513.77. The stock has a market cap of $154.79 billion, a PE ratio of 53.00, a PEG ratio of 3.36 and a beta of 1.51. Intuitive Surgical has a twelve month low of $417.74 and a twelve month high of $603.88. </p><p>Intuitive Surgical (NASDAQ:ISRG - Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The medical equipment provider reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.42. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.62 billion. Intuitive Surgical had a return on equity of 15.98% and a net margin of 28.15%.Intuitive Surgical's revenue was up 23.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.81 EPS.  Equities analysts anticipate that  Intuitive Surgical will post 8.57 earnings per share for the current year. </p><h2>Insider Transactions at Intuitive Surgical</h2><ul><li>Beyond Biotech—3 Healthcare Stocks for Growth-Minded Investors</li></ul><p>In related news, Director Amy L. Ladd sold 119 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $463.50, for a total value of $55,156.50. Following the completion of the sale, the director directly owned 120 shares in the company, valued at approximately $55,620. This represents a 49.79% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gary Loeb sold 400 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $446.95, for a total transaction of $178,780.00. Following the completion of the sale, the executive vice president directly owned 6,120 shares of the company's stock, valued at $2,735,334. This trade represents a 6.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,647 shares of company stock worth $2,760,359 in the last quarter. 0.60% of the stock is owned by corporate insiders. </p><h2>Institutional Trading of Intuitive Surgical</h2><p>Several large investors have recently bought and sold shares of the company. Norges Bank bought a new stake in shares of  Intuitive Surgical in the fourth quarter worth $2,856,987,000.  J. Stern &amp; Co. LLP increased its stake in shares of  Intuitive Surgical by 18,504.6% in the fourth quarter. J. Stern &amp; Co. LLP now owns 2,127,248 shares of the medical equipment provider's stock worth $1,204,788,000 after buying an additional 2,115,814 shares during the last quarter.  Northwestern Mutual Wealth Management Co. increased its stake in shares of  Intuitive Surgical by 1,043.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,342,121 shares of the medical equipment provider's stock worth $760,124,000 after buying an additional 1,224,734 shares during the last quarter.  Arrowstreet Capital Limited Partnership increased its stake in shares of  Intuitive Surgical by 95.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,105,544 shares of the medical equipment provider's stock worth $970,635,000 after buying an additional 1,027,475 shares during the last quarter.  Finally, Rakuten Investment Management Inc. bought a new stake in shares of  Intuitive Surgical in the third quarter worth $388,436,000. Institutional investors and hedge funds own  83.64% of the company's stock. </p><h2>About Intuitive Surgical</h2> (Get Free Report)<p>Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon's hand movements into finer, scaled motions of small instruments inside the patient. Intuitive's business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.  </p><p>In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Intuitive Surgical</li><li>Why Applied Optoelectronics Stock May Be Near a Turning Point</li><li>From High-Yield to High-Growth: 3 Stocks Boosting Dividends</li><li>Is Everspin Technologies the Next AI Edge Breakout?</li><li>5 Robotics Stocks to Watch as Physical AI Builds Momentum</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVNSRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVNSRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Intuitive Surgical Right Now?</h2><p>Before you consider Intuitive Surgical, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intuitive Surgical wasn't on the list.</p><p>While Intuitive Surgical currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Bank of America has lowered its target price for Intuitive Surgical (NASDAQ:ISRG) from $650.00 to $520.00 while maintaining a 'buy' rating. Other analysts have also reduced their price targets, with a consensus rating of 'Moderate Buy' and an average target price of $579.33. Intuitive Surgical's stock is currently trading at $437.07, with a market cap of $154.79 billion and a PE ratio of 53.00.</p>

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Intuitive Surgical

iShares US Medical Devices

SPDR S&P Health Equip

GraniteShares 2x Long ISRG Daily ETF

Bank of America

JPMorgan Chase

HSBC

HSBC HOLDINGS

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

HSBC 5xShortSG241213

HSBC Holdings Plc

Bank of America Has Lowered Expectations for Intuitive Surgical (NASDAQ:ISRG) Stock Price