Intuitive Surgical analyst raises eyebrows with new stock price target
Intuitive Surgical analyst raises eyebrows with new stock price target originally appeared on TheStreet.
Jim Cramer wants answers.
The CNBC anchor and Mad Money maven wants to know why Deutsche Bank was being so rough on Intuitive Surgical (ISRG) .
The investment firm downgraded the biotech to sell from hold and slashed its stock price target to $440 from $515.
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“This is quite a controversial call,” Cramer said on CNBC’s Squawk on The Street, “because this is a premier fast-growing company, premier super growth, and I want to find out more about it.”
The Sunnyvale, Calif., company, founded in 1995, specializes in robotic-assisted…
