BofA analyst Travis Steed lowered the firm’s price target on Medtronic (MDT) to $110 from $115 and keeps a Buy rating on the shares. Fiscal Q3 was roughly in line with expectations, FY26 growth and EPS guidance were reiterated and Medtronic continued to talk about accelerating revenue growth in FY27, notes the analyst after earnings.
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Read More on MDT:
- Medtronic price target lowered to $100 from $103 at Baird
- Medtronic price target lowered to $100 from $105 at JPMorgan
- Medtronic resumed with an Outperform at Mizuho
- Medtronic: Solid Quarter but Limited Growth Visibility Justifies Hold Rating
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