Novadaq (NVDQ)

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Cantor Fitzgerald raises their ISRG tgt to $525 from $475. The firm notes that they hosted a meeting with Intuitive management at company headquarters as part of their Bay Area bus tour, and key takeaways include: 1) Intuitive expects to add single-incision indications in 2013 and sees a significant opportunity in outpatient clinics, 2) management is not ready to call a bottom in U.S. dVP volumes but continues to believe that other procedures are ready to pick up the slack, and 3) Firefly is expected to be included in a greater percentage of units going forward.

from theflyonthewall.com