Intuitive Surgical (ISRG) NewsBite - ISRG Downgraded By Lazard Capital
Sep 28, 2009 (Fresh Brewed Media via COMTEX) --
Company: Intuitive Surgical, Inc. (ISRG)
Intuitive Surgical (ISRG) was downgraded today by analysts at Lazard Capital and the stock is now at $258.76, up $1.26 (0.49%) on volume of 576,223 shares traded. The analysts reduced ISRG to Hold from Buy. Over the last 52 weeks the stock has ranged from a low of $84.86 to a high of $277.97. Intuitive Surgical stock has been showing support around $231.09 and resistance in the $272.19 range. Technical indicators for the stock are neutral and S&P gives ISRG a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ISRG the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 300 range.
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Company: Intuitive Surgical, Inc. (ISRG)
Related terms: S&P
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