Intuitive Surgical Inc

ISRG: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$441.00	Pcrr	Mcxjtzvkks

No Further Surprises in Intuitive’s Fourth Quarter

Alex Morozov

Jan 21, 2022

Having already prereleased its fourth-quarter results, Intuitive’s announcement on Jan. 20 wasn’t particularly surprising. The company’s 2022 procedure growth guidance of 11%-15% is conservative and reflects uncertainty around hospital capacity. We maintain our valuation and wide moat rating on the company.

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