Medtronic shares are trading higher after the company reported strong Q1 earnings and raised its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Medtronic reported strong Q1 earnings and raised its FY24 guidance, leading to a rise in its share prices.
August 22, 2023 | 1:51 pm
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Medtronic's strong Q1 earnings and raised FY24 guidance have led to a rise in its share prices.
Medtronic's strong Q1 earnings indicate a positive financial performance, which is a key driver of stock prices. Additionally, the company's raised FY24 guidance suggests continued strong performance, which is likely to further boost investor confidence and share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100