Analyst Expectations For Medtronic's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Medtronic (NYSE:MDT) over the past three months, with a range of price targets from $76.00 to $105.00. The average price target has increased slightly to $90.25. Medtronic has shown positive revenue growth and strong net margins but faces challenges with its return on equity.
May 24, 2024 | 3:00 pm
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Analysts have mixed ratings for Medtronic, with price targets ranging from $76.00 to $105.00. The average price target has increased to $90.25, reflecting a slight upward trend. Medtronic has shown positive revenue growth and strong net margins but faces challenges with its return on equity.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on Medtronic's stock price. Positive revenue growth and strong net margins are offset by challenges in return on equity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100