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:

from Forbes – Tech http://ift.tt/2aKZK2s
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