Medtronic Analysts Boost Their Forecasts After Upbeat Earnings
Portfolio Pulse from Avi Kapoor
Medtronic reported better-than-expected Q1 2025 earnings, with sales of $7.92 billion and adjusted EPS of $1.23, both surpassing consensus estimates. The company raised its fiscal year 2025 guidance, leading analysts to increase their price targets.
August 21, 2024 | 1:25 pm
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Medtronic's Q1 2025 earnings exceeded expectations, with sales of $7.92 billion and adjusted EPS of $1.23. The company raised its fiscal year 2025 guidance, prompting analysts to increase their price targets.
Medtronic's better-than-expected earnings and raised guidance indicate strong performance and future growth potential. Analysts' increased price targets reflect positive sentiment, likely boosting short-term stock price.
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