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MDT

Medtronic

$84.29

-0.39 (-0.46%)

07:10
07/31/17
07/31
07:10
07/31/17
07:10

Medtronic attractive following share underperformance, says Deutsche Bank

Deutsche Bank analyst Brittany Henderson believes Medtronic shares represent an attractive investment opportunity after underperforming the broader S&P 500 medical supplies and devices index over the last 12 months. The company is well positioned for the "changing dynamics of the global healthcare environment," Henderson tells investors in a research note tilted "It is Time to Appreciate the Margin Expansion Story; Buy." She views the company as a mid-single digit sales and double digit earnings grower. The analyst reiterates a Buy rating on Medtronic with a $96 price target.

  • 20

    Sep

MDT Medtronic
$84.29

-0.39 (-0.46%)

07/06/17
07/06/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Nike (NKE) initiated with an Outperform at Raymond James. 2. JPMorgan (JPM) initiated with a Neutral at Goldman Sachs. 3. At Home Group (HOME) initiated with a Buy at SunTrust. 4. Logitech (LOGI) initiated with a Buy at Citi. 5. Medtronic (MDT) initiated with an Outperform at William Blair. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/06/17
WBLR
07/06/17
INITIATION
WBLR
Outperform
Medtronic initiated with an Outperform at William Blair
William Blair analyst Kaila Krum started Medtronic with an Outperform rating.
06/20/17
ADAM
06/20/17
NO CHANGE
Target $10
ADAM
Buy
Novadaq competing bids possible if not probable, says Canaccord
Canaccord analyst Jason Mills noted Novadaq (NVDQ) received an acquisition offer from Stryker (SYK) at a much greater equity value than what the company was trading at prior to the bid. Although he thinks Stryker is the most logical buyer of the franchise, he thinks there are several other potential acquirers, including Medtronic (MDT), Johnson & Johnson (JNJ) and Intuitive Surgical (ISRG), in that order. Mills believes this is a good exit for the company and that Stryker is getting a good asset. Mills maintains his Buy rating and $10 price target on Novadaq shares.
06/19/17
CHLM
06/19/17
NO CHANGE
Target $13
CHLM
Buy
Invuity could be attractive acquisition candidate, says Craig-Hallum
Craig-Hallum analyst Charles Haff noted that large-cap companies, most notably Medtronic (MDT), have moved aggressively into the advanced energy space in recent years and he believes Invuity (IVTY) could be an attractive acquisition candidate for such a large-cap bidders. Invuity's 1.7x EV/sales multiple leaves it trading at less than half what Medtronic paid for Peak Surgical and Salient Surgical, Haff added. He keeps a Buy rating and $13 price target on Invuity shares.

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EL

Estee Lauder

$98.32

-2.75 (-2.72%)

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CPN

Calpine

$13.50

-0.42 (-3.02%)

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Calpine

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Futures stable following yesterday's selloff »

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EL

Estee Lauder

$98.32

-2.75 (-2.72%)

06:46
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Earnings
Estee Lauder sees FY18 revenue growth 7%-8%, consensus $12.6B »

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  • 18

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CPN

Calpine

$13.50

-0.42 (-3.02%)

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EL

Estee Lauder

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-2.75 (-2.72%)

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Earnings
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General news
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KO

Coca-Cola

$45.86

-0.34 (-0.74%)

, PEP

PepsiCo

$118.39

-0.71 (-0.60%)

06:44
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Periodicals
Coca-Cola to replace PepsiCo as Arby's beverage supplier, Bloomberg says »

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Coca-Cola

$45.86

-0.34 (-0.74%)

PEP

PepsiCo

$118.39

-0.71 (-0.60%)

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  • 16

    Nov

URI

United Rentals

$111.82

-0.15 (-0.13%)

06:42
08/18/17
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06:42
Upgrade
United Rentals rating change  »

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  • 22

    Aug

DE

Deere

$123.98

-2.65 (-2.09%)

06:40
08/18/17
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06:40
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06:40
Earnings
Deere raises FY17 net sales and revenue guidance to up 11% from up 9% »

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  • 18

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PNM

PNM Resources

$41.70

-0.3 (-0.71%)

06:39
08/18/17
08/18
06:39
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06:39
Downgrade
PNM Resources rating change  »

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CVX

Chevron

$105.92

-0.92 (-0.86%)

06:38
08/18/17
08/18
06:38
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06:38
Periodicals
Chevron withdraws appeal of Australian tax bill, Reuters says »

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  • 13

    Sep

LB

L Brands

$37.55

-1.4 (-3.59%)

06:38
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L Brands analyst commentary  »

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DE

Deere

$123.98

-2.65 (-2.09%)

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HSY

Hershey

$107.85

1.81 (1.71%)

06:35
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HIBB

Hibbett Sports

$11.50

-0.3 (-2.54%)

06:34
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Hibbett Sports sees 'continued soft sales' for remainder of FY18 »

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  • 18

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RAVN

Raven

$33.45

-0.975 (-2.83%)

06:34
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Raven initiated  »

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  • 24

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PACW

PacWest Bancorp

$44.13

-1.63 (-3.56%)

06:34
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Initiation
PacWest Bancorp initiated  »

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CATY

Cathay General

$34.97

-0.94 (-2.62%)

06:34
08/18/17
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06:34
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06:34
Initiation
Cathay General initiated  »

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HIBB

Hibbett Sports

$11.50

-0.3 (-2.54%)

06:33
08/18/17
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06:33
08/18/17
06:33
Hot Stocks
Hibbett Sports CEO says 'experienced a very difficult retail environment' in Q2 »

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  • 18

    Aug

DE

Deere

$123.98

-2.65 (-2.09%)

06:33
08/18/17
08/18
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06:33
Earnings
Deere reports Q3 EPS $1.97, consensus $1.95 »

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  • 18

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  • 22

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HIBB

Hibbett Sports

$11.50

-0.3 (-2.54%)

06:32
08/18/17
08/18
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Earnings
Hibbett Sports cuts FY18 EPS view to $1.25-$1.35 from $2.35-$2.55 »

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  • 18

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