Medtronic, Inc. (MDT) PT Raised to $94 at BMO Capital on 4Q Beat; 'Strength Across Franchises'

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Medtronic, Inc. (MDT) PT Raised to $93 at Oppenheimer Following 4Q

May 26, 2017 9:52 AM EDT

Oppenheimer raised its price target on Medtronic, Inc. (NYSE: MDT) to $93.00 (from $87.00) while maintaining a Outperform rating. MDT beat 4Q EPS by $0.02, led by higher constant-currency sales and gross margin along with lower FX headwind to EPS, somewhat offset by higher interest... More

Medtronic (MDT): Raising PT - UBS

May 26, 2017 8:41 AM EDT

UBS analyst, Matt Miksic, reiterated his Buy rating on shares of Medtronic, Inc. (NYSE: MDT) and raised the price target to $95 after management delivered very solid F4Q results, reassuring investors of the relatively healthy and stable state of MDT's end-markets and the company's solid... More

Medtronic, Inc. (MDT) PT Raised to $94 at Barclays; Reiterates Overweight

May 26, 2017 7:59 AM EDT

Barclays raised its price target on Medtronic, Inc. (NYSE: MDT) to $94.00 (from $92.00) while maintaining a Overweight... More

Medtronic, Inc. (MDT) PT Raised to $86 at Morgan Stanley

May 26, 2017 7:39 AM EDT

Morgan Stanley raised its price target on Medtronic, Inc. (NYSE: MDT) to $86.00 (from $84.00) while maintaining a Equalweight rating.

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Medtronic, Inc. (MDT) PT Raised to $95 at Cowen on 4Q Report; 'Organic Revenue Growth Trajectory Is Back on Track'

May 25, 2017 5:11 PM EDT

Cowen raised its price target on Medtronic, Inc. (NYSE: MDT) to $95.00 (from $86.00) while maintaining a Outperform rating, following the company's fourth quarter earnings report.

Analyst Joshua Jennings notes the company delivered fourth quarter earnings per share and revenue results above consensus projections, as management... More

Medtronic, Inc. (MDT) PT Raised to $91 at Stifel Following 4Q Report; 'Diversified Sales Growth & Robust Margins'

May 25, 2017 3:14 PM EDT

Stifel raised its price target on Medtronic, Inc. (NYSE: MDT) to $91.00 (from $84.00) while maintaining a Hold rating, following the company's fourth quarter earnings report.

Analyst Rick Wise notes the company delivered fourth quarter earnings per share and revenues above consensus projections driven... More

Medtronic, Inc. (MDT) PT Raised to $91 at Evercore ISI on Strong 4Q EPS/Revenue Results; 'Gross Margin Beat Despite Mix Shift'

May 25, 2017 11:28 AM EDT

Evercore ISI raised its price target on Medtronic, Inc. (NYSE: MDT) to $91.00 (from $88.50) while maintaining a Outperform rating, following the company's fourth quarter earnings report.

Analyst Vijay Kumar notes the company delivered fourth quarter earnings per share and revenues above consensus projections, as... More

Medtronic (MDT) Tops Q4 EPS by 2c; Sees FY18 Constant Currency Revenue Growth of 4-5%

May 25, 2017 6:46 AM EDT

(Updated - May 25, 2017 6:56 AM EDT)

Medtronic (NYSE: MDT) reported Q4 EPS of $1.33, $0.02 better than the analyst estimate of $1.31. Revenue for the quarter came in at $7.92 billion versus the consensus estimate of $7.86 billion.

Q4 Revenue of $7.9 Billion Grew 5% as Reported; 5% at Constant CurrencyQ4 GAAP Diluted EPS of $0.84; Q4 Non-GAAP Diluted EPS of $1.33FY17 Revenue of $29.7 Billion Grew 3% as Reported; Approximately 5% on a Constant Currency, Constant Week BasisFY17 GAAP Diluted EPS of $2.89; FY17 Non-GAAP Diluted EPS of $4.60FY17 Cash Flow from Operations of $6.9 Billion; FY17... More

Medtronic (MDT) Enrolls First Patient in Study of IN.PACT AV Access Drug-Coated Balloon in Patients with ESRD

May 24, 2017 12:15 PM EDT

Medtronic plc (NYSE: MDT) today announced that the first patient has been enrolled in the IN.PACT(TM) AV Access Drug-Coated Balloon (DCB) study for use in patients with end-stage renal disease (ESRD). The U.S. Food and Drug Administration (FDA) approved the investigational device exemption (IDE) study to evaluate the safety and efficacy of IN.PACT(TM) AV Access DCB as a treatment for failing arteriovenous (AV) fistulas in ESRD patients.

"We are delighted to enroll and treat the first patient in this significant study of... More

Medtronic (MDT) May IV bid up into Q1 EPS and outlook

May 24, 2017 10:31 AM EDT

Medtronic (NYSE: MDT) May call option implied volatility is at 43, June is at 19, July is at 15; compared to its 52-week range of 13 to 19 into the expected release of Q1 results on May 25.

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Mazor Robotics (MZOR): Takeout Unlikely Here - Needham

May 24, 2017 6:18 AM EDT

Needham & Company analyst, Mike Matson, reiterated his Hold rating on shares of Mazor Robotics (NASDAQ: MZOR) noting that shares are up significantly year-to-date, in part by speculation that Medtronic (NYSE: MDT) will acquire... More