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ISRG stock rated an Overweight by Morgan Stanley

In a filing, Intuitive Surgical Inc revealed its SVP & Chief Mfg and Supply Cha Brosius Mark unloaded Company’s shares for reported $0.28 million on Mar 03 ’25. In the deal valued at $573.78 per share,492 shares were sold. As a result of this transaction, Brosius Mark now holds 4,056 shares worth roughly $2.3 million.

Then, Curet Myriam sold 3,031 shares, generating $1,749,783 in total proceeds. Upon selling the shares at $577.30, the EVP & Chief Medical Officer now owns 353 shares.

Before that, Widman Fredrik sold 810 shares. Intuitive Surgical Inc shares valued at $464,762 were divested by the VP Corporate Controller at a price of $573.78 per share. As a result of the transaction, Widman Fredrik now holds 473 shares, worth roughly $0.27 million.

Morgan Stanley upgraded its Intuitive Surgical Inc [ISRG] rating to an Overweight from a an Equal-weight in a research note published on December 02, 2024; the price target was increased to $650 from $522. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “a Buy”. Citigroup also remained covering ISRG and reiterated its “Buy” recommendation on July 10, 2024. Goldman started covering the stock on May 30, 2024. It rated ISRG as “a Buy”.

Price Performance Review of ISRG

On Monday, Intuitive Surgical Inc [NASDAQ:ISRG] saw its stock fall -1.08% to $566.98. Over the last five days, the stock has lost -4.07%. Intuitive Surgical Inc shares have risen nearly 8.63% since the year began. Nevertheless, the stocks have risen 46.66% over the past one year. While a 52-week high of $616.00 was reached on 01/23/25, a 52-week low of $364.17 was recorded on 01/02/25. SMA at 50 days reached $567.78, while 200 days put it at $497.57.

Levels Of Support And Resistance For ISRG Stock

The 24-hour chart illustrates a support level at 558.99, which if violated will result in even more drops to 551.01. On the upside, there is a resistance level at 579.93. A further resistance level may holdings at 592.89. The Relative Strength Index (RSI) on the 14-day chart is 43.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.61%. Stochastics %K at 22.25% indicates the stock is a holding.

The most recent change occurred on November 17, 2023 when HSBC Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $318 price target.

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