Medtronic (MDT) Receives a Buy from Bernstein
Bernstein's Lee Hambright maintained a Buy rating on Medtronic (MDT) with a price target of $111.00. Medtronic's shares closed at $99.87. Hambright, a 4-star analyst, has a 6.9% average return and a 61.18% success rate. The consensus rating for Medtronic is Moderate Buy with a $111.94 average price target, indicating a 12.09% upside. Citi also maintained a Buy rating with a $117.00 price target.
In a report released yesterday, Lee Hambright from Bernstein maintained a Buy rating on Medtronic, with a price target of $111.00. The company’s shares closed yesterday at $99.87.
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According to TipRanks, Hambright is a 4-star analyst with an average return of 6.9% and a 61.18% success rate. Hambright covers the Healthcare sector, focusing on stocks such as Intuitive Surgical, Insulet, and Medtronic.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Medtronic with a $111.94 average price target, representing a 12.09% upside. In a report released on December 11, Citi also maintained a Buy rating on the stock with a $117.00 price target.
