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MDT

Medtronic

$83.52

0.11 (0.13%)

06:57
08/22/17
08/22
06:57
08/22/17
06:57

Medtronic CEO says 'temporary issues' affected Q1 revenue growth

"The strength of our diversification and solid underlying performance of our businesses, combined with the stable growth of our end markets, enabled us to manage the impact of a global IT system disruption and temporary Diabetes sensor supply constraint," said Omar Ishrak, Medtronic chairman and CEO. "While these temporary issues had affected first quarter revenue growth, we continued to drive operating margin expansion. This resulted in double-digit constant currency EPS growth, consistent with our long-term expectations."

  • 22

    Aug

  • 22

    Aug

  • 06

    Sep

  • 20

    Sep

MDT Medtronic
$83.52

0.11 (0.13%)

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.
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.
07/31/17
DBAB
07/31/17
NO CHANGE
Target $96
DBAB
Buy
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.
08/16/17
PIPR
08/16/17
NO CHANGE
Target $87
PIPR
Overweight
Piper calls Dexcom fears overblown, ups price target to $87
After analyzing the impact of Abbott's (ABT) FreeStyle Libre approval and Medtronic's (MDT) 670G rollout, Piper Jaffray analyst Matt O'Brien believes competitive fears for Dexcom (DXCM) are overblown. The ultimate impact on Dexcom from these technologies "will be less than feared" as FreeStlye Libre is unlikely to get a non-adjunctive claim and the 670G roll out will be slower than expected, O'Brien tells investors in a research note. He expects this to drive multiple expansion for Dexcom shares. The analyst upped his price target for the stock to $87 from $78 and keeps an Overweight rating on the name.

TODAY'S FREE FLY STORIES

PAA

Plains All American

$23.39

-0.14 (-0.59%)

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  • 07

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COP

ConocoPhillips

$70.59

-1.425 (-1.98%)

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  • 26

    Jul

FSUMY

Fortescue Metal

$0.00

(0.00%)

20:08
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20:08
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Fortescue Metal rating change  »

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PEP

PepsiCo

$112.95

0.23 (0.20%)

, DISH

Dish

$32.75

-0.84 (-2.50%)

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PepsiCo to replace Dish in Nasdaq-100 index effective July 23rd »

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PEP

PepsiCo

$112.95

0.23 (0.20%)

DISH

Dish

$32.75

-0.84 (-2.50%)

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MTW

Manitowoc

$26.99

-0.52 (-1.89%)

, CAT

Caterpillar

$138.06

-2.68 (-1.90%)

20:00
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07/16
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Downgrade
Manitowoc, Caterpillar, Deere, Generac rating change  »

Manitowoc downgraded to…

MTW

Manitowoc

$26.99

-0.52 (-1.89%)

CAT

Caterpillar

$138.06

-2.68 (-1.90%)

DE

Deere

$136.19

-1.41 (-1.02%)

GNRC

Generac

$52.40

-0.585 (-1.10%)

03/08/13
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  • 30

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CZR

Caesars

$11.63

0.075 (0.65%)

19:33
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Caesars breaks ground on $375M Caesars Forum in Las Vegas »

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19:25
07/16/18
07/16
19:25
07/16/18
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Conference/Events
Morgan Stanley telecom analyst to hold an analyst/industry conference call »

U.S. Equity Strategist…

CAAP

Corporacion America Airport

$9.87

0.08 (0.82%)

19:11
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07/16
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19:11
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Corporacion America Airport reports June passenger traffic up 5.8% »

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RIO

Rio Tinto

$53.64

-0.36 (-0.67%)

19:08
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07/16
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Rio Tinto announces Q2 Pilbara iron ore production 88.5Mt, up 14% from last year »

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  • 10

    Sep

CDMO

Avid Bioservices

$4.46

-0.19 (-4.09%)

, IGT

International Game

$24.39

-0.5 (-2.01%)

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On The Fly: After Hours Movers »

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CDMO

Avid Bioservices

$4.46

-0.19 (-4.09%)

IGT

International Game

$24.39

-0.5 (-2.01%)

BGS

B&G Foods

$29.80

-0.2 (-0.67%)

AG

First Majestic

$7.44

-0.265 (-3.44%)

NFLX

Netflix

$400.24

4.32 (1.09%)

ROKU

Roku

$48.27

-0.52 (-1.07%)

AVEO

Aveo Pharmaceuticals

$2.85

-0.055 (-1.90%)

EOLS

Evolus

$25.08

-1.12 (-4.27%)

TRQ

Turquoise Hill

$2.94

0.11 (3.89%)

CARB

Carbonite

$38.40

-0.1 (-0.26%)

RDFN

Redfin

$23.99

0.46 (1.96%)

NAKD

Naked Brand Group

$4.95

-0.15 (-2.94%)

MTW

Manitowoc

$26.99

-0.52 (-1.89%)

AMZN

Amazon.com

$1,822.02

9.02 (0.50%)

03/08/13
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    Jul

T

AT&T

$31.90

0.24 (0.76%)

18:58
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Warner Bros.' 'Aquaman' film out in theaters December 21 »

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  • 24

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  • 09

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SBGI

Sinclair Broadcast

$29.10

-3.9 (-11.82%)

, TRCO

Tribune Media

$32.05

-6.55 (-16.97%)

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Sinclair Broadcast 'shocked and disappointed' by FCC Chairman Pai's statement »

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SBGI

Sinclair Broadcast

$29.10

-3.9 (-11.82%)

TRCO

Tribune Media

$32.05

-6.55 (-16.97%)

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03/06/13
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  • 08

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DE

Deere

$136.19

-1.41 (-1.02%)

18:49
07/16/18
07/16
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18:49
Downgrade
Deere rating change at Goldman Sachs »

Deere downgraded to Buy…

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CAT

Caterpillar

$138.06

-2.68 (-1.90%)

18:49
07/16/18
07/16
18:49
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Downgrade
Caterpillar rating change at Goldman Sachs »

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  • 30

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RIO

Rio Tinto

$53.64

-0.36 (-0.67%)

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  • 10

    Sep

NFLX

Netflix

$400.24

4.32 (1.09%)

18:41
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Breaking Hot Stocks news story on Netflix »

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  • 16

    Jul

NFLX

Netflix

$400.24

4.32 (1.09%)

18:39
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Hot Stocks
Breaking Hot Stocks news story on Netflix »

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  • 16

    Jul

IBM

IBM

$145.43

-0.48 (-0.33%)

, GRPN

Groupon

$4.70

0.025 (0.53%)

18:32
07/16/18
07/16
18:32
07/16/18
18:32
Periodicals
IBM seeks $166.5M in damages from Groupon in patent lawsuit, Bloomberg says »

IBM (IBM) is requesting…

IBM

IBM

$145.43

-0.48 (-0.33%)

GRPN

Groupon

$4.70

0.025 (0.53%)

03/08/13
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  • 18

    Jul

LGF.A

Lionsgate

$25.33

-0.58 (-2.24%)

, LGF.B

Lionsgate

$23.85

-0.69 (-2.81%)

18:30
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Lionsgate announces Dr. John Malone, Scott Paterson to retire from board »

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LGF.A

Lionsgate

$25.33

-0.58 (-2.24%)

LGF.B

Lionsgate

$23.85

-0.69 (-2.81%)

03/08/13
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  • 09

    Aug

GNRC

Generac

$52.40

-0.585 (-1.10%)

18:30
07/16/18
07/16
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18:30
Downgrade
Generac rating change at Goldman Sachs »

Generac downgraded to…

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MTW

Manitowoc

$26.99

-0.52 (-1.89%)

18:29
07/16/18
07/16
18:29
07/16/18
18:29
Downgrade
Manitowoc rating change at Goldman Sachs »

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NFLX

Netflix

$400.24

4.32 (1.09%)

18:27
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07/16
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18:27
Hot Stocks
Breaking Hot Stocks news story on Netflix »

Netflix CEO says median…

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  • 16

    Jul

NFLX

Netflix

$400.24

4.32 (1.09%)

18:25
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07/16
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18:25
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Netflix says far from reaching a limit on pricing in India »

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  • 16

    Jul

FCPT

Four Corners Property Trust

$24.83

-0.06 (-0.24%)

18:24
07/16/18
07/16
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Hot Stocks
Four Corners Property Trust acquires Buffalo Wild Wings restaurant for $3.6M »

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ASOMY

Asos

$0.00

(0.00%)

18:14
07/16/18
07/16
18:14
07/16/18
18:14
Upgrade
Asos rating change at Goldman Sachs »

Asos upgraded to Buy from…

03/08/13
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