Medtronic (MDT) PT Raised to $90 at Jefferies on 'Very Good' Q3

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Medtronic (MDT) PT Lifted to $90 at Piper Jaffray Post Q3

February 18, 2015 7:44 AM EST

Piper Jaffray analyst Brooks West reiterated an Overweight rating and boosted his price target on Medtronic, Inc. (NYSE: MDT) to $90.00 (from $83.00) following Q3 results.

West commented, "Medtronic reported F3Q15 results, the last before reporting as combined Medtronic/ Covidien, with revenues of $4.318B (+8%cc) easily beating... More

Medtronic (MDT) Reports Q3 EPS of $1.04

February 17, 2015 7:16 AM EST

Medtronic (NYSE: MDT) reported Q3 EPS of $1.04, may not compare to the analyst estimate of $0.97. Revenue for the quarter came in at $4.32 billion versus the consensus estimate of $4.25 billion.

For earnings history and earnings-related data on Medtronic (MDT) click here.

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Medtronic (MDT) Receives CE Mark for Euphora Semicompliant Balloon Catheter

February 17, 2015 6:26 AM EST

Medtronic (NYSE: MDT) announced the launch of the Euphora Semicompliant Balloon Dilatation Catheter in countries that recognize the CE (Conformité Européene) mark. The first patient case with the Euphora Semicompliant Balloon Catheter was recently performed by Richard Edwards, M.D., consultant cardiologist at the Freeman Hospital in Newcastle, United Kingdom. It is not available in the United States.

"After performing the first patient case with Euphora, it is the most deliverable balloon catheter I have used," said Dr. Edwards. "The exceptionally low crossing profile and pushability make... More

Medtronic (MDT) Receives FDA Clearance of VERTEX Reconstruction System

February 17, 2015 6:25 AM EST

Medtronic (NYSE: MDT) announced that it has received clearance from the U.S. Food and Drug Administration (FDA) for expanded indications of the VERTEX Reconstruction System. The new clearance for the VERTEX family of products allows for lateral mass and pedicle screws to be used as a form of fixation to treat various pathologies occurring in the posterior cervical spine, making it one of the first FDA-cleared systems available in the United States for use of screws at C1-C7.

"Broadening the... More