
Intuitive Surgical, Inc. (NASDAQ:ISRG) is a global leader in the robotic-assisted surgery market, which is not only large — it is estimated at more than $6 billion — but also the most underpenetrated and fastest-growing among the medical device sub-markets, according to RBC Capital Markets.
The Intuitive Surgical Analyst: Shagun Singh initiated coverage of Intuitive Surgical with an Outperform rating and a price target of $340.