Buy Medtronic (MDT) Weakness, Says Deutsche Bank
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises in broad rebound; yields push markets towards weekly declines
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
- SpaceX shares fall as second lockup period ends
Medtronic's (MDT) Weak Margins Spur PT Reduction - Leerink Partners
March 2, 2016 6:41 AM ESTLeerink Partners analyst, Danielle Antalffy, cut her PT on Medtronic (NYSE: MDT) as sales growth was offset by weaker margins. PT goes to $82 from $84 and Market Perform rating remains unchanged.
MDT shares traded lower yesterday driven by less positive operating leverage than expected, as... More
Needham & Company Cuts Price Target on Medtronic (MDT) as 3Q Revenue Misses Mark
March 1, 2016 11:50 AM ESTNeedham & Company maintained a Buy rating on Medtronic, Inc. (NYSE: MDT), and cut the price target to $88.00 (from $91.00), following the company's 3Q earnings report. Revenue was reported at $6.934B vs. the consensus of $6.987B. Adjusted EPS was reported at $1.06, in-line with consensus estimates. MDT... More
Medtronic (MDT) Reports In-Line Q3 EPS
March 1, 2016 6:47 AM ESTMedtronic (NYSE: MDT) reported Q3 EPS of $1.06, in-line with the analyst estimate of $1.06. Revenue for the quarter came in at $6.93 billion versus the consensus estimate of $6.99 billion.
GUIDANCE:
Medtronic still sees FY16 EPS of $4.36 - $4.40, versus the consensus of $4.38.
For earnings history and earnings-related data on Medtronic (MDT) click here.
... More