Medtronic shares are trading higher after the company released better than expected Q3 FY24 earnings and raised FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Medtronic's stock price increased following the announcement of better than expected Q3 FY24 earnings and an upward revision of its FY24 guidance.

February 20, 2024 | 11:52 am
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POSITIVE IMPACT
Medtronic's shares are trading higher due to better than expected Q3 FY24 earnings and raised FY24 guidance.
Medtronic's stock price is likely to experience a short-term increase as better than expected earnings and an optimistic guidance revision are strong positive signals to investors. These factors typically lead to increased investor confidence and demand for the stock, driving up its price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100