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Investment firm boosts shares in Intuitive Surgical despite stock drop, company beats earnings.
Investment firm Rhumbline Advisers increased its holdings in Intuitive Surgical by 0.3%, owning 686,771 shares worth about $340 million.
Despite a slight stock price drop and insider sales, analysts maintain a "Moderate Buy" rating with a consensus target of $596.05.
Intuitive Surgical beat earnings expectations with $1.81 per share, up from $1.71, and reported $2.25 billion in revenue for the quarter.
The company's market cap is $197.54 billion, with a P/E ratio of 85.98.
6 Articles
La firma de inversión aumenta las acciones en Intuitive Surgical a pesar de la caída de las acciones, la compañía supera las ganancias.