Truist Securities Maintains Hold on Medtronic, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Medtronic (NYSE:MDT) but lowered the price target from $90 to $88.
May 24, 2024 | 1:15 pm
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Truist Securities has maintained a Hold rating on Medtronic (NYSE:MDT) and lowered the price target from $90 to $88.
The lowering of the price target from $90 to $88 by Truist Securities suggests a slightly more cautious outlook on Medtronic's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100