UBS Maintains a 'Buy' on Medtronic, Inc. (MDT); Probably Still Some Room to Work

August 22, 2012 11:29 AM EDT Send to a Friend
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Price: $52.30 +4.83%

Rating Summary:
    8 Buy, 18 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
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UBS maintains a 'Buy' on Medtronic, Inc. (NYSE: MDT) price target of $46.00 (from $45.00).

Analyst, Rajeev Jashnani, reviewing MDT's in-line results for Q1 ($0.85 and $4.01B and also reaffirming FY outlook), said there's probably still some room to work.

For an analyst ratings summary and ratings history on Medtronic, Inc. click here. For more ratings news on Medtronic, Inc. click here.

Shares of Medtronic, Inc. closed at $41.14 yesterday, with a 52 week range of $31.06-$41.79.


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