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Fly News Breaks for August 14, 2019
MDT
Aug 14, 2019 | 07:27 EDT
Cowen analyst Joshua Jennings raised his price target on Medtronic to $111 from $99 as he believes its Q1 estimates appear achievable. The analyst said Q1 remains challenging but its headwinds and comp setup should be well known. Following Q1, Medtronic should see sequential acceleration throughout 2020 and 2021. Jennings reiterated his Outperform rating on Medtronic shares.
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