Intuitive Surgical slips after narrowing its da Vinci procedure growth outlook
BUZZ-Intuitive Surgical slips after narrowing its da Vinci procedure growth outlook ** Shares of robotic surgery technology firm Intuitive Surgical ISRG.O fall 7.6% to $404.7 premarket
** Co tightens its FY26 forecast for growth in procedures performed using its da Vinci robotic surgery systems
** Expects FY26 worldwide da Vinci procedure growth near midpoint of its 14%-15% range, vs prior view of 13.5%-15.5%
** ISRG posts Q3 adj. EPS and revenue of $3 and $3.05 bln, compared to analysts' estimates of $2.64 and $2.91 bln, according to data compiled by LSEG
** 25 of 35 brokerages rate the stock "buy" or higher, nine "hold" and one "sell"; median PT is $486
** As of last close, stock down 22.7% YTD
(Reporting by Anand Gopal in Bengaluru)
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