Intuitive Surgical (ISRG) Shares Decline as Analysts Reduce Price Targets
Intuitive Surgical (ISRG) stock fell sharply after the company issued muted full-year guidance, leading analysts to cut price targets. Despite beating Q2 earnings estimates and reporting a 16% year-over-year increase in worldwide procedures, concerns over slower U.S. procedure growth and potential regulatory impacts on elective surgeries weighed heavily on investor sentiment.
Tickers: $ISRG
Topics: earnings guidance Intuitive Surgical price targets procedure growth