Stifel Maintains Hold on Medtronic, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Rick Wise maintains a Hold rating on Medtronic (NYSE:MDT) and raises the price target from $85 to $87.
August 21, 2024 | 9:33 am
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Stifel analyst Rick Wise maintains a Hold rating on Medtronic and raises the price target from $85 to $87.
The increase in price target from $85 to $87 suggests a slightly more positive outlook on Medtronic's stock, which could lead to a minor positive impact on the stock price. However, the Hold rating indicates that the analyst does not expect significant short-term gains.
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