Medtronic (MDT) Tops Q4 EPS by 6c; Sees Larger FX Impact in FY16

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Wedbush Raised Price Target on Medtronic (MDT) Following FY16 Guidance; Maintains Neutral

June 3, 2015 9:03 AM EDT

Wedbush maintains a Neutral rating on Medtronic, Inc. (NYSE: MDT), and raised the price target to $79.00 (from $75.00), following Q4 results and guidance. MDT reported FY4Q15 revenue of $7.3 billion (as preannounced). Reported adjusted EPS of $1.16 was 3c ahead of the upper end of its... More

Medtronic (MDT) PT Bumped to $91 at Needham & Company Post Q4

June 2, 2015 1:08 PM EDT

Needham & Company analyst Mike Matson reiterated a Buy rating and bumped his price target on Medtronic, Inc. (NYSE: MDT) to $91.00 (from $90.00) following Q4 results.

Analyst Matson commented, "MDT's F4Q15 revenue was consistent with its 5/20/15 preannouncement while its EPS came in ahead of... More