Baird raised the firm’s price target on Intuitive Surgical (ISRG) to $565 from $503 and keeps an Outperform rating on the shares. The firm said they their numbers again move higher, increasing conviction in continued upside ahead, which is key to justifying its premium multiple. Baird also said it remains a best-in-class LGCP idea after the company beat estimates and accelerated growth on nearly every level.
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