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Medtronic price target raised to $105 from $90 at Stifel

Stifel raised the firm’s price target on Medtronic (MDT) to $105 from $90 and keeps a Hold rating on the shares. After hosting an investor group visit and tour of Medtronic’s Boston HUGO soft tissue surgical robotic facility, the firm says Medtronic “appears confidently ready,” from a supply-chain, manufacturing, and physician support and training roll-out perspective, to launch HUGO in the U.S.

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