Goldman Sachs Downgrades Medtronic, Inc. (MDT) to Neutral
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Price: $91.27 +0.76%
Rating Summary:
25 Buy, 18 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
25 Buy, 18 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Medtronic, Inc. (NYSE: MDT) from Buy to Neutral with a price target of $37.00.
The firm said looming downward revisions to consensus EPS estimates create less favorable risk/reward, in our view, making the story more dependent on strategic activity and structural change.
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 $33.31 yesterday.
The firm said looming downward revisions to consensus EPS estimates create less favorable risk/reward, in our view, making the story more dependent on strategic activity and structural change.
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 $33.31 yesterday.
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