Medtronic, Inc. (MDT) PT Lowered to $89 at BMO Capital; 'Updating Model for Hurricane Maria... $250M Impact to Manufacturing in PR'

October 10, 2017 10:07 AM EDT
Get Alerts MDT Hot Sheet
Price: $126.73 +0.95%

Rating Summary:
    26 Buy, 12 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 10 | Down: 11 | New: 50
Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

BMO Capital lowered its price target on Medtronic, Inc. (NYSE: MDT) to $89.00 (from $92.00) while maintaining a Outperform rating, following a model update due to impact of Hurricane Maria.

Analyst Joanne Wuensch notes a cautious outlook following a model update with management citing a $250 million impact to manufacturing in Puerto Rico resulting from Hurricane Maria.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

BMO Capital