Needham & Company Cuts Price Target on Medtronic (MDT) as 3Q Revenue Misses Mark
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Medtronic's (MDT) Weak Margins Spur PT Reduction - Leerink Partners
March 2, 2016 6:41 AM ESTLeerink Partners analyst, Danielle Antalffy, cut her PT on Medtronic (NYSE: MDT) as sales growth was offset by weaker margins. PT goes to $82 from $84 and Market Perform rating remains unchanged.
MDT shares traded lower yesterday driven by less positive operating leverage than expected, as... More
Buy Medtronic (MDT) Weakness, Says Deutsche Bank
March 1, 2016 3:02 PM ESTDeutsche Bank earlier reiterated a Buy rating on Medtronic, Inc. (NYSE: MDT) with a price target of $90. Analyst Kristen Stewart said investors should buy weakness.
The analyst explained, "We continue to rate MDT a Buy. Why? We see a number of recently and... More
Medtronic (MDT) Reports In-Line Q3 EPS
March 1, 2016 6:47 AM ESTMedtronic (NYSE: MDT) reported Q3 EPS of $1.06, in-line with the analyst estimate of $1.06. Revenue for the quarter came in at $6.93 billion versus the consensus estimate of $6.99 billion.
GUIDANCE:
Medtronic still sees FY16 EPS of $4.36 - $4.40, versus the consensus of $4.38.
For earnings history and earnings-related data on Medtronic (MDT) click here.
... MoreTrading Radar for 3/1: AutoZone (AZO), Dollar Tree (DLTR), Donaldson (DCI), TiVo (TIVO), Veeva (VEEV) Report
February 29, 2016 2:16 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
Ares Commercial Real Estate (NYSE: ACRE) - consensus EPS $0.27
AutoZone (NYSE: AZO) - consensus EPS $7.28
Bank of Nova Scotia (NYSE: BNS) - consensus EPS $1.42
Concert Pharma (Nasdaq: CNCE) - consensus loss $0.05
Del Frisco's (Nasdaq: DFRG) - consensus EPS $0.36
Diana... More
