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Barchart
Barchart
Wajeeh Khan

ISRG Stock Sinks as Analysts Cut Price Targets on Intuitive Surgical

Intuitive Surgical (ISRG) is under immense pressure on Friday as muted full-year guidance triggered a wave of Wall Street price cuts.

Despite beating Q2 earnings estimates, ISRG’s relative strength index (RSI) crashed into the early 30s, indicating the stock is now approaching oversold territory that often triggers a relief rally.

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