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Market Movers

Surgical robot maker gets an upgrade

A da Vinci surgical robot.

Associated Press/File 2008

A da Vinci surgical robot.

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Canaccord upgraded Intuitive Surgical Inc. to “buy.” The firm’s analysts said the stock’s recent decline was not surprising, given negative studies and criticisms of robotic surgery. Such surgery (directed by a doctor at a control panel) for hysterectomies does not improve outcomes and should not be most patients’ first choice, the American Congress of Obstetricians and Gynecologists has said; new technology may have higher rates of complications. Intuitive designs and makes da Vinci Surgical Systems. Still, Canacord said that upside potential outweighs downside risk for the stock.

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