Medtronic shares are trading higher after the company reported better-than-expected Q1 financial results. and raised its FY25 guidance.
Portfolio Pulse from Benzinga Newsdesk
Medtronic shares rise as the company reports better-than-expected Q1 financial results and raises its FY25 guidance.
August 20, 2024 | 2:51 pm
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Medtronic's stock price increased following the announcement of better-than-expected Q1 financial results and an upward revision of its FY25 guidance.
The positive Q1 financial results and the raised FY25 guidance are strong indicators of Medtronic's financial health and future growth prospects, likely leading to increased investor confidence and a rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100