RBC Capital Reiterates Sector Perform on Medtronic, Maintains $92 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shagun Singh has reiterated a Sector Perform rating for Medtronic (NYSE:MDT) and maintained a price target of $92.
August 21, 2024 | 2:07 pm
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RBC Capital has reiterated its Sector Perform rating for Medtronic, maintaining a price target of $92. This suggests a neutral outlook on the stock's performance.
The reiteration of a Sector Perform rating and maintenance of the $92 price target by RBC Capital indicates that the analyst expects Medtronic's stock to perform in line with the sector. This suggests no significant short-term price movement is expected based on this rating alone.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100