Analysts upwardly revised their ratings and price targets on Intuitive Surgical, Inc. (ISRG), Twitter Inc (TWTR), and Yahoo! Inc. (YHOO)
Analysts are weighing in on da Vinci parent
Intuitive Surgical, Inc. (NASDAQ:ISRG), microblogging master
Twitter Inc (NYSE:TWTR), and tech stock
Yahoo! Inc. (NASDAQ:YHOO). Here's a quick roundup of today's bullish brokerage notes on ISRG, TWTR, and YHOO.
- ISRG blew out the consensus earnings forecast, prompting no fewer than eight analysts to raise their price targets on the stock. Setting the bar highest was Citigroup, which lifted its price target to $820 from $779 -- in record-high territory. Ahead of the open, though, shares of Intuitive Surgical, Inc. are 2.3% lower, after settling yesterday at $721.73. Taking a step back, the brokerage crowd was already tilted in a bullish direction coming into today. Specifically, 11 of 17 analysts had handed out a "buy" or better opinion, compared to five "holds" and just one "strong sell."
- TWTR saw its rating bumped up to "hold" from "sell" at Loop Capital, just a day after being hit with negative analyst attention. Generally speaking, skeptics are in control on Wall Street, as 84% of covering analysts consider Twitter Inc worthy of a "hold" or worse assessment. The stock's technical backdrop definitely backs up the doubters, too. On a year-to-date basis, TWTR has surrendered over 27% of its value, at $16.83.
- YHOO has edged 1.3% higher pre-market, after the firm reported better-than-expected earnings -- though an update on the hacking of 500 million user accounts was noticeably absent. The brokerage crowd has generally responded favorably, with at least four analysts upping their price targets, including Susquehanna (to $48 from $44). However, Oppenheimer broke from the pack, cutting its price target on the stock by $1 to $54. Last night, Yahoo! Inc. settled at $41.68, not far from its Sept. 7 annual high of $44.92.
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