Medtronic (MDT) Tops Q1 EPS by 6c, Offers Guidance

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Medtronic, Inc. (MDT) PT Raised to $104 at Oppenheimer

August 22, 2018 9:10 AM EDT

Oppenheimer analyst Steven Lichtman raised the price target on Medtronic, Inc. (NYSE: MDT) to $104.00 (from $96.00) while maintaining a Perform rating.

Lichtman commented, "Medtronic delivered its third consecutive quarter of strong top-line performance with F1Q19 underlying sales growth of 6.8%, ahead of guidance.... More

Medtronic, Inc. (MDT) PT Raised to $104 at RBC Capital

August 21, 2018 5:42 PM EDT

RBC Capital analyst Glenn Novarro raised the price target on Medtronic, Inc. (NYSE: MDT) to $104.00 (from $95.00) while maintaining a Outperform rating.

Novarro said FY19 guidance still appears conservative as revenue trends remain robust.

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Medtronic, Inc. (MDT) PT Raised to $103 at Evercore ISI

August 21, 2018 4:40 PM EDT

Evercore ISI analyst Vijay Kumar raised the price target on Medtronic, Inc. (NYSE: MDT) to $103.00 (from $94.00) while maintaining an Outperform rating.

Kumar said what they liked in the quarter:

Organic growth came in well above expectations at 6.8% with strong performance... More

Medtronic, Inc. (MDT) PT Raised to $109 at Jefferies

August 21, 2018 12:58 PM EDT

Jefferies analyst Raj Denhoy raised the price target on Medtronic, Inc. (NYSE: MDT) to $109.00 (from $98.00) while maintaining a Buy rating.

Denhoy said the P/E multiple should go higher after the strong quarter.

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