Medtronic Reports First Quarter Financial Results
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September 4, 2015 9:57 AM EDT
Leerink Partners miantained a Market Perform rating on Medtronic, Inc. (NYSE: MDT), and cut the price target to $76.00 (from $85.00), after shares traded down. Shares traded lower yesterday despite reporting another mid-to-high single digit sales growth quarter.
Analyst Danielle Antalffy commented, "MDT shares traded lower yesterday despite reporting yet another -- its 3rd consecutive -- mid-to-high single digit... More
September 3, 2015 11:37 AM EDT
Deutsche Bank maintained a Buy rating on Medtronic, Inc. (NYSE: MDT) with a price target of $90. Analyst Kristen Stewart sees the stock as a "compelling buy" following Q1 results.
"In our view it was a solid beat mainly driven by... More
September 3, 2015 7:20 AM EDT
Medtronic (NYSE: MDT) reported Q1 EPS of $1.02, $0.01 better than the analyst estimate of $1.01. Revenue for the quarter came in at $7.3 billion versus the consensus estimate of $7.05 billion.Medtronic reaffirmed FY2016 guidance.
For earnings history and earnings-related data on Medtronic (MDT) click here.
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