We recently increased our price estimate for Intuitive Surgical by approximately 20%, to $687. The revision in our price estimate for Intuitive is mainly because we believe that the company will manage to sell a higher number that we previously believed of daVinci systems and have lesser number of trade-in transactions going forward. Below we detail the key reasons as to why we increased our price estimates:
We recently increased our price estimate for Intuitive Surgical by approximately 20%, to $687. The revision in our price estimate for Intuitive is mainly because we believe that the company will manage to sell a higher number that we previously believed of daVinci systems and have lesser number of trade-in transactions going forward. Below we detail the key reasons as to why we increased our price estimates:
Share this Article
Recommended