Baird Raises PT on Intuitive Surgical (ISRG) to $600 From $590, Keeps an Overweight Rating

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the best stocks to invest in for beginners. On July 24, Baird raised the firm’s price target on Intuitive Surgical, Inc. (NASDAQ:ISRG) to $600 from $590, keeping an Outperform rating on the shares.

The firm told investors that the limited share rally after earnings took it by surprise, reasoning that Intuitive Surgical, Inc. (NASDAQ:ISRG) reported its highest operating margin in the last 15 quarters. In addition, its Q2 results showed “stellar” revenue and earnings growth.

It added that Intuitive Surgical, Inc.’s (NASDAQ:ISRG) key performance indicators “continue to fire on all cylinders,” which is why the firm remains a buyer of the stock.

Intuitive Surgical, Inc. (NASDAQ:ISRG) has an elaborate ecosystem of services and products that provide robotic-assisted surgical solutions and invasive care. Its products include the Ion Endoluminal and the Da Vinci Surgical systems.

While we acknowledge the potential of ISRG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.