TMCNet:  Upgrade Alert for Intuitive Surgical (ISRG)

[March 01, 2013]

Upgrade Alert for Intuitive Surgical (ISRG)

Mar 01, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Intuitive Surgical (NASDAQ:ISRG) was upgraded from Hold to Buy at Cantor today. The stock closed yesterday at $509.89 on volume of 888,000 shares, above average daily volume of 436,000. Intuitive Surgical, Inc. design, manufactures and markets surgical systems. The Company's surgical system controls Intuitive Surgical endoscopic instruments, including rigid endoscopes, blunt and sharp endoscopic dissectors, scissors, scalpels, forceps/pickups, needle holders, endoscopic retractors, electrocautery, ultrasonic cutters, and accessories during surgical procedures.


In the past 52 weeks, shares of Intuitive Surgical have traded between a low of $320.00 and a high of $594.89 and closed yesterday at $509.89, which is 59% above that low price. The 200-day and 50-day moving averages have moved 0.01% lower and 0.27% higher over the past week, respectively.

Intuitive Surgical (NASDAQ:ISRG) has potential upside of 23.8% based on a current price of $509.89 and analysts' consensus price target of $631.36. The stock should run into initial resistance at its 200-day moving average (MA) of $525.45 and subsequent resistance at its 50-day MA of $538.75.

SmarTrend is tracking the current trend status for Intuitive Surgical and will alert subscribers who have ISRG in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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