Baird Raises PT on Intuitive Surgical (ISRG) to $600 From $590, Keeps an Overweight Rating

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the best stocks to invest in for beginners. On July 24, Baird raised the firm’s price target on Intuitive Surgical, Inc. (NASDAQ:ISRG) to $600 from $590, keeping an Outperform rating on the shares.

Intuitive Surgical, Inc. (ISRG): Among Billionaire Ken Fisher’s Healthcare Stock Picks with Massive Upside Potential

A medical team performing minimally invasive surgery with a da Vinci Surgical System.

The firm told investors that the limited share rally after earnings took it by surprise, reasoning that Intuitive Surgical, Inc. (NASDAQ:ISRG) reported its highest operating margin in the last 15 quarters. In addition, its Q2 results showed “stellar” revenue and earnings growth.

It added that Intuitive Surgical, Inc.’s (NASDAQ:ISRG) key performance indicators “continue to fire on all cylinders,” which is why the firm remains a buyer of the stock.

Intuitive Surgical, Inc. (NASDAQ:ISRG) has an elaborate ecosystem of services and products that provide robotic-assisted surgical solutions and invasive care. Its products include the Ion Endoluminal and the Da Vinci Surgical systems.

While we acknowledge the potential of ISRG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ISRG and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.