Medtronic to Acquire Mazor Robotics
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Medtronic, Inc. (MDT) PT Raised to $120 at Needham & Company Following Mazor Deal
September 21, 2018 6:46 AM EDTNeedham & Company analyst Mike Matson raised the price target on Medtronic, Inc. (NYSE: MDT) to $120.00 (from $119.00) while maintaining a Strong Buy rating.
Matson commented, "MDT is acquiring MZOR for $58.50 per share or ~$1.6B of cash which is 17.1x our CY19E sales... More
