Medtronic Gears Up For Q1 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Medtronic plc (NYSE:MDT) is set to report its Q1 FY2024 financial results on August 22, 2023. Analysts predict a quarterly earnings of $1.11 per share, up from $1.13 per share a year ago, and revenue of $7.57 billion, up from $7.37 billion. The company's shares closed at $81.61 on Monday. Recent price target changes by analysts include cuts and increases, with targets ranging from $90 to $104.
August 22, 2023 | 6:55 am
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Medtronic is expected to report increased earnings and revenue for Q1 FY2024. The company's shares closed at $81.61 on Monday, with analysts' price targets ranging from $90 to $104.
The news is directly about Medtronic's upcoming earnings report and recent analyst ratings. The predicted increase in earnings and revenue, along with the range of price targets, suggest a positive short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100