Market Movers

Surgical robot maker gets an upgrade

A da Vinci surgical robot.

Associated Press/File 2008

A da Vinci surgical robot.


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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