US Stock Market Move | Q1 performance exceeds expectations Intuitive Surgical, Inc. (ISRG.US) rose more than 8% in early trading.

On Wednesday, Intuitive Surgical, Inc. (ISRG.US) surged over 8% in early trading, closing at $488.71. In terms of news, Intuitive Surgical, Inc. reported better-than-expected first-quarter earnings, with revenue increasing by 23% year-on-year to $2.77 billion, surpassing the market's expectation of $2.62 billion. Adjusted earnings per share were $2.50, higher than the market's expectation of $2.12. The company installed a total of 431 da Vinci systems in the first quarter, compared to 367 units in the same period last year, with global surgical procedures increasing by 17% year-on-year. Several Wall Street firms updated their ratings for Intuitive Surgical, Inc., with JPMorgan, Bank of America Securities, and Vanguard Group maintaining a buy rating and target prices ranging from $550 to $670.