Medtronic (MDT) Raises Quarterly Dividend 7.9% to $0.68; 2.6% Yield

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Go back to Medtronic (MDT) Raises Quarterly Dividend 7.9% to $0.68; 2.6% Yield

Medtronic, Inc. (MDT) PT Lowered to $111 at Truist Securities

May 27, 2022 8:09 AM EDT

Truist Securities analyst Richard Newitter lowered the price target on Medtronic, Inc. (NYSE: MDT) to $111.00 (from $121.00) while maintaining a Hold rating following earnings.

The analyst commented, "We stay at HOLD following MDT's disappointing F4Q & below CNS F1Q/FY23 guide. We appreciate MDT's... More

Medtronic, Inc. (MDT) PT Lowered to $117 at Cowen; FY23 Can Be a Year of Real Pipeline Progress

May 27, 2022 6:21 AM EDT

Cowen analyst Joshua Jennings lowered the price target on Medtronic, Inc. (NYSE: MDT) to $117.00 (from $125.00) while maintaining an Outperform rating following earnings. Despite weak guidance, the analyst said FY23 can be a year of real pipeline progress.

The analyst commented, "MDT delivered... More

Medtronic, Inc. (MDT) PT Lowered to $125 at Stifel

May 27, 2022 6:13 AM EDT

Stifel analyst Rick Wise lowered the price target on Medtronic, Inc. (NYSE: MDT) to $125.00 (from $128.00) while maintaining a Buy rating.

The analyst commented, "Yes. We had hoped that Medtronics F4Q22 (Apr.) would show more visibly-positive signs of CEO Geoff Marthas positive... More