Information Provided By: 
Fly News Breaks for January 8, 2019
MDT
Jan 8, 2019 | 07:49 EDT
Barclays analyst Kristen Stewart lowered her price target for Medtronic to $104 saying management yesterday made some cautious commentary on the near-term sales outlook and recent tax regulation proposals. It seems that Medtronic "is a bit two steps forward and now one step back," Stewart tells investors in a research note. The analyst, who is not surprised by the 6.5% selloff yesterday, keeps an Overweight rating on the shares, citing valuation and Medtronic's longer term growth prospects with its pipeline.
News For MDT From the Last 2 Days
There are no results for your query MDT
