BTIG Lowers Price Target for Intuitive Surgical (ISRG) Due to CMS FY27 Payment Rule Impact
BTIG analyst Ryan Zimmerman lowered the price target for Intuitive Surgical (ISRG) from $616 to $574, citing the impact of CMS’s FY27 inpatient payment rule. The adjustment reflects concerns over potential financial implications from the proposed rule, which includes changes to new technology add-on payments. The company also faces ongoing scrutiny from the FDA over safety issues with its stapler products.
Tickers: $ISRG
Topics: CMS Payment Rule FDA Safety Communication Intuitive Surgical Medical Device Safety Price Target