Medtronic (MDT) Stock: $125 Price Target And Outperform Rating

By Amit Chowdhry ● May 23, 2022
  • The shares of Medtronic, Inc. (NYSE: MDT) have received a $125 price target from Cowen. These are the details.

The shares of Medtronic, Inc. (NYSE: MDT) have received a $125 price target from Cowen. And Cowen analyst Joshua Jennings is maintaining an “Outperform” rating on the shares.

Jennings had updated the estimates ahead of the fourth-quarter results. And Jennings noted that the revised sales and earnings projections lag consensus targets, but he still tracks the initial outlook the company provided in February.

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