Intuitive Surgical price target raised to $310 from $289 at Wells Fargo

Wells Fargo analyst Larry Biegelsen raised the firm’s price target on Intuitive Surgical to $310 from $289 and keeps an Overweight rating on the shares. The firm notes that Q1 revenues, EPS and procedure growth were all above expectations. 2023 procedure growth guidance was raised from 12%-16% to 18-21%, Wells adds.