Baird Maintains Neutral on Medtronic, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Rescott maintains a Neutral rating on Medtronic (NYSE:MDT) but raises the price target from $82 to $90.

August 21, 2024 | 11:04 am
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Baird analyst David Rescott maintains a Neutral rating on Medtronic but raises the price target from $82 to $90, indicating a positive outlook on the stock's potential.
The increase in the price target from $82 to $90 suggests a positive outlook on Medtronic's stock potential, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100