Brean Murray Carret & Co. Starts Medtronic, Inc. (MDT) at Buy; Shares Seem Attractively Set Up to Us
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Price: $90.60 -0.73%
Rating Summary:
25 Buy, 18 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
25 Buy, 18 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Brean Murray Carret & Co. initiates coverage on Medtronic, Inc. (NYSE: MDT) with a Buy. PT $44.
Brean analyst says, "While 'concise' catalysts are lacking, we think the next few quarters will bring more, not less, conviction in the company's ability to meet or exceed FY12 models and refocus investors and real progress in a number of meaningful, exciting new product areas."
For more ratings news on Medtronic, Inc. click here and for the rating history of Medtronic, Inc. click here.
Shares of Medtronic, Inc. closed at $38.40 yesterday.
Brean analyst says, "While 'concise' catalysts are lacking, we think the next few quarters will bring more, not less, conviction in the company's ability to meet or exceed FY12 models and refocus investors and real progress in a number of meaningful, exciting new product areas."
For more ratings news on Medtronic, Inc. click here and for the rating history of Medtronic, Inc. click here.
Shares of Medtronic, Inc. closed at $38.40 yesterday.
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