Jefferies Raises Price Target on Medtronic (MDT) to $100 Following 1Q Report
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Oppenheimer Raises Price Target on Medtronic (MDT) to $94 Following EPS Beat
August 26, 2016 9:44 AM EDTOppenheimer reiterated an Outperform rating on Medtronic, Inc. (NYSE: MDT), and raised the price target to $94.00 (from $90.00), following the company's 1Q earnings report. MDT reported a $0.02 EPS beat, driven by a slightly lower interest expense and tax rate.
Analyst Steven Lichtman commented,... More
UBS Reiterates Buy on Medtronic (MDT) Following 1Q Report
August 26, 2016 8:55 AM EDTUBS reiterated a Buy rating on Medtronic, Inc. (NYSE: MDT), and raised the price target to $96.00 (from $92.00), following the company's 1Q earnings report. Management reiterated F17 guidance of 5-6% top-line adjusted CC growth and EPS guidance of $4.60-4.70.
Analyst Matt Miksic commented, "Management delivered on its F1Q17 guidance of 5.0 5.5% adjusted... More
Medtronic (MDT) Tops Q1 EPS by 2c; Reiterates Outlook
August 25, 2016 6:46 AM EDTMedtronic (NYSE: MDT) reported Q1 EPS of $1.03, $0.02 better than the analyst estimate of $1.01. Revenue for the quarter came in at $7.2 billion versus the consensus estimate of $7.17 billion.Medtronic reaffirmed FY2016 guidance.
Company Reiterates FY17 Revenue Outlook and EPS Guidance.
"Q1 was another strong... More
Trading Radar for 8/25: Sears (SHLD), Dollar General (DG), JinkoSolar (JKS), Tiffany (TIF), Signet (SIG) Report
August 24, 2016 3:15 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
1-800-FLOWERS.Com (Nasdaq: FLWS) - consensus loss $0.14
Burlington Stores (NYSE: BURL) - consensus EPS $0.30... More
Medtronic (MDT): FX Could Be A $0.27 Tailwind vs. $0.25 Headwind In '17 - Jefferies
August 24, 2016 7:33 AM EDTJefferies analyst, Raj Denhoy, reiterated his Buy on Medtronic, Inc. (NYSE: MDT) ahead of earnings this Thursday. Despite good sales results, recent stock action around reporting has been dominated by operating profitability results. MDT missed 3 of the 4 Qs of FY16. Operating margins in 4Q were... More
