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Citigroup Raises Price Target on Medtronic (MDT)

Mon, 20 May 2013 09:11:47 -0400

Analysts at Citigroup boosted the price target on medical technology company Medtronic, Inc. (MDT) on Monday, due to a higher peer group valuation. The analysts now see shares of MDT reaching $57. This price target suggests a 14% upside to Friday’s closing price of $49.84. Medtronic shares were inactive during pre-market trading on Monday. The [...]

Medtronic's Q4 earnings: 3 things to watch

Fri, 17 May 2013 18:27:26 -0400

Credit Suisse Downgrades Medtronic to “Neutral” (MDT)

Thu, 16 May 2013 09:22:28 -0400

Credit Suisse reported on Thursday that it has lowered its rating on medical technology company, Medtronic, Inc. (MDT). The firm has downgraded MDT based on valuation from “Outperform” to “Neutral,” and has given the company a $53 price target. This price target suggests a 5% upside from the stock’s current price of $50.01. Medtronic shares [...]

Barron's Recap (3/9/12): Wall Street's Favorite Guru

Sat, 09 Mar 2013 14:55:58 -0500

This weekend in Barron's online: a profile of Howard Marks, investors return to online brokers, and the prospects for Bed Bath & Beyond, Live Nation Entertainment and Genworth Financial.

Cover Story

"Master of Disaster" by Jonathan R. Laing.

This week's cover story is a profile of Howard Marks, co-founder and

Medtronic Q3 Profit Rises 6%, Tops Estimates; Revenue In-Line (MDT)

Tue, 19 Feb 2013 09:17:55 -0500

Before the bell on Tuesday, medical equipment maker Medtronic, Inc. (MDT) reported third quarter profits that rose slightly, beating analysts expectations, on revenue that was in-line with Wall Street views. The Minneapolis, Minnesota-based company said its third quarter net earnings grew 6% to $988 million, or 97 cents per share, from $935 million, or 88 [...]

Earnings Expectations for the Week of February 18

Mon, 18 Feb 2013 08:45:04 -0500

U.S. markets are closed on Monday for the Presidents' Day holiday, and many of the S&P 500 have already posted results for the most recent quarter.

But PC makers Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) step into the earnings spotlight this week. Also, the world's

Medtronic Skills-based Volunteerism Pilot Tackles NCDs

Tue, 22 Jan 2013 10:30:00 -0500

Credit Suisse Upgrades Medtronic (MDT)

Thu, 17 Jan 2013 09:28:03 -0500

Credit Suisse reported on Thursday that they have increased their rating for medical technology company, Medtronic, Inc.(MDT). The firm has upgraded MDT from “Neutral” to “Outperform,” and has given the company a $50 price target. This price target suggests a 11% increase from the stock’s current price of $44.51. Analysts see the company growing faster [...]

Medtronic Reports Profit Decline; Matches Estimates (MDT)

Tue, 20 Nov 2012 08:38:38 -0500

Medical technology company,Medtronic, Inc.(MDT) reported declined profits, but matched analysts expectations Tuesday. The Minneapolis, MN based company, reported second quarter earnings of $646 million, or 63 cents per share, down 34% from $871 million, or 82 cents per share last year. Adjusted earnings came in at 88 cents per share, matching analysts expectations. Revenue increased [...]

Earnings Expectations for the Week of November 19

Sun, 18 Nov 2012 12:06:02 -0500

Perhaps it is apropos to hear from some processed food giants this week, leading up to the Thanksgiving holiday in the United States. Last Friday J.M. Smucker (NYSE: SJM) posted in line second-quarter results. Tyson Foods is scheduled to share its fiscal fourth-quarter results first thing Monday morning.

Medtronic Commits $6 Million to Address Cardiovascular Disease, Diabetes Care for Underserved in India

Mon, 12 Nov 2012 10:30:00 -0500

2012 Election: Which Industries Won When Obama Did, and Which Lost

Wed, 07 Nov 2012 10:27:00 -0500

DailyFinance.com: By JON C. OGG The election has come and gone: On Tuesday, President Obama won a second term, and the balance of power in Congress didn't shift too much either way. Now, the many investors who were keeping a close eye on the polls know what they're ... Read more

Medtronic 65th on 2012 Newsweek Green Rankings

Tue, 06 Nov 2012 10:30:00 -0500

Oppenheimer Boosts Price Target for Medtronic; Multiples Expanding (MDT)

Mon, 08 Oct 2012 09:15:28 -0400

Medical device maker Medtronic, Inc. (MDT) on Monday received some continued bullish support from analysts at Oppenheimer & Co. The firm reiterated its “Outperform” rating on MDT and lifted its price target from $45 to $48. That new target suggests a 7.5% upside to the stock’s Friday closing price of $44.67. Oppenheimer said it made [...]

Medtronic’s Q1 Adjusted Net Matches View; Forecast Reaffirmed (MDT)

Tue, 21 Aug 2012 08:24:24 -0400

Medical device maker Medtronic, Inc. (MDT) on Tuesday posted a 5% gain in fiscal first quarter earnings, as adjusted results matched Wall Street’s expectations. The Minneapolis-based company reported fiscal first quarter net income of $864 million, or 83 cents per share, compared with $821 million, or 77 cents per share, in the year-ago period. Excluding [...]

Medtronic Upgraded to “Outperform” at Credit Suisse; Growth Prospects Improving (MDT)

Thu, 07 Jun 2012 08:43:18 -0400

Medical device maker Medtronic, Inc. (MDT) on Thursday caught a big upgrade from analysts at Credit Suisse. The firm boosted its rating on MDT from “Neutral” to “Outperform” and lifted its price target from $43 to $44. That new target suggests a nearly 20% upside to the stock’s Wednesday closing price of $36.82. A Credit [...]

Medtronic’s Q4 Earnings Jump 28%; Forecast In-Line with Estimates (MDT)

Tue, 22 May 2012 08:54:47 -0400

Medical device maker Medtronic, Inc. (MDT) on Tuesday posted a sharp uptick in fourth quarter earnings, but its outlook was just in-line with Wall Street estimates. The Minneapolis-based company reported fiscal fourth quarter net income of $991 million, or 94 cents per share, compared with $776 million, or 72 cents per share, in the year-ago [...]

Analysts Downgrade Medtronic on Weak Growth Prospects

Wed, 22 Feb 2012 15:10:17 -0500

Two analysts urged investors to reconsider their investments in medical device maker Medtronic (MDT) as the company deals with a slowdown in some of its end markets. Analysts at Credit Suisse and Deutsche Bank both downgraded the stock to Neutral/Hold today on concerns that the company will have trouble growing in the near term. On [...]

Medtronic Shares Surge as Q2 Earnings Beat View (MDT)

Tue, 22 Nov 2011 09:15:12 -0500

Medical device maker Medtronic, Inc. (MDT) on Tuesday said its second quarter profit surged 54% from last year, sending its shares higher in premarket trading Tuesday. The Minneapolis-based company reported second quarter net income of $871 million, or 82 cents per share, compared with $566 million, or 52 cents per share, in the year-ago period. [...]

Earnings Expectations for the Week of November 21

Sun, 20 Nov 2011 09:57:44 -0500

For a holiday-shorted week, there will still be plenty for investors and analysts to mull over on the earnings front. Quarterly results from global tech company Hewlett-Packard (NYSE: HPQ), farm and construction equipment maker Deere & Co. (NYSE: D...

How investing in PepsiCo (PEP) dividends will make you rich?

Mon, 07 Nov 2011 07:43:41 -0500

PepsiCo, Inc. (PEP) a global food, snack and beverage company is paying out roughly 47% of its annual earnings in dividends. Pepsi is similar to Coke, but has a dominant presence in the snack food industry too, company grow its earnings by 11.0% and dividends by 12.5% over the past decade. PepsiCo,...

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Top 5 companies currently building higher future yields- MCD, PM, WMT, PEP, MDT

Wed, 02 Nov 2011 07:32:30 -0400

McDonald’s Corporation (MCD) has raised dividends for 35 years in a row, and has a 10 year dividend growth rate of 26.50% per year. McDonald’s Corporation franchises and operates McDonald’s restaurants in the global restaurant industry- Yield: 2.80% Philip Morris International Inc. (PM), engaged in...

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Top real estate investment trusts (REITs) Stocks that could double in 2 years- RAS, FCH, SHO, AHT, STWD, PEB (09/09/2011)

Fri, 09 Sep 2011 04:42:45 -0400

Ashford Hospitality Trust (AHT), a self-administered real estate investment trust (REIT) focused on investing in the hospitality industry is now trading around $7.48 in a range approximately between $6.80 to $14.32 in the last 52 weeks. The company stock had 50-day moving average is $9.91 and the...

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MAKO Surgical and Urologix Hit New 52-Week Highs

Tue, 06 Sep 2011 15:51:47 -0400

While the DJIA and S&P 500 dropped on today's opening, medical device makers MAKO Surgical (NASDAQ: MAKO) and Urologix (NYSE: ULGX) have reached new multiyear highs of $38.13 and $1.22 per share, respectively.MAKO Surgical reported last month tha...

Earnings Expectations for the Week of August 22

Sun, 21 Aug 2011 12:31:18 -0400

The earnings season may be winding down, along with the summer, but this week will bring some more quarterly reports from retailers.

RTI Biologics and STAAR Surgical End the Week Near 52-Week Highs

Sat, 20 Aug 2011 11:37:23 -0400

The markets ended the week closing lower two days in a row.

Fifteen Health Care ETFs Trading Near 52-Week Highs

Thu, 21 Jul 2011 13:57:50 -0400

iShares Dow Jones US Healthcare Provider (NYSE: IHF) is up more than 19% year to date. The fund invests at least 90% of its assets in securities of the underlying index, which measures the performance of the health care providers sector of the U.S. equ...

Medtronic Downgraded to “Market Perform” at Wells Fargo on Spinal Treatment Concerns (MDT)

Tue, 05 Jul 2011 08:53:03 -0400

Medical device maker Medtronic, Inc. (MDT) on Tuesday caught a big downgrade from analysts at Wells Fargo, citing some recent bad news about the company’s InFuse spine treatment. The firm cut its rating on MDT from “Outperform” to “Market Perform” as a result. A Wells analyst commented, “We believe the InFuse papers published in The [...]

Medtronic Started as a “Buy” at Brean Murray (MDT)

Wed, 15 Jun 2011 08:55:02 -0400

Medical device maker Medtronic, Inc. (MDT) on Wednesday saw its coverage initiated with a “Buy” rating by analysts at Brean Murray Carret & Co. The firm also set a $44 price target on MDT, which suggests a 15% upside to the stock’s Tuesday closing price of $38.40. A Brean Murray analyst commented, “While ‘concise’ catalysts [...]

Top Stocks that others ignore and Wall Street turns a blind eye

Fri, 10 Jun 2011 20:51:36 -0400

Baseball players, William Henry Keeler’s advice to hitters was “Keep your eye clear, and hit ‘em where they ain’t”. They same rule applies in market as well, here we will see few Top Stocks that others ignore and Wall Street turns a blind eye. Share yours!!! Alexza Pharmaceuticals (ALXA) has Estimated EPS Growth Next Year [...]

How Research In Motion (RIMM) could possibly become a stock for your portfolio right now?

Wed, 01 Jun 2011 07:45:10 -0400

Number one thing, we all investors want at any time that our investments should produce a strong return. There are two particularly significant factors involved here that draws my attention. Number one, the company we are planning to invest should have ability to generate profits and number two prices how much we pay for each [...]

Hottest Stocks Shaking the Market now

Tue, 31 May 2011 08:59:22 -0400

Bristol Myers Squibb Co. (BMY) is trading at a price 28.47 , a dramatic change of +0.06 (0.21%) from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 48.53B ,the opening price on the latest trading day was 28.46 , it made [...]

Why General Electric (GE) look like a stock for your portfolio right now

Mon, 30 May 2011 06:37:27 -0400

As markets are showing volatility this month so investors are looking for safe havens. But as of last week, about 70% of the S&P 500 companies reporting Q1 earnings have exceeded expectations. General Electric (GE) posting steady profits in recent quarters have once again focused on returning capital to shareholders. General Electric pays an annual [...]

Medtronic’s Q4 Profit Falls on Charges (MDT)

Tue, 24 May 2011 08:31:59 -0400

Medical device maker Medtronic, Inc. (MDT) on Tuesday said its fiscal fourth quarter profit fell 19% from last year, mainly due to costs related to job cuts, and adjusted results still fell short of expectations. The Minneapolis-based company reported fiscal fourth quarter net income of $776 million, or 72 cents per share, compared with $954 [...]

Top Healthcare and Major Drugs stocks to watch- Sector Performance

Sun, 22 May 2011 14:55:07 -0400

Johnson & Johnson (JNJ) has a Market capitalization (total value of a company in the stock market) of approximately 180.07B and P/E ratio of 14.89, the Div & Yield is 3.43 and 52-week range of the stock is 5.61 revenue growth rate 4.04 company stock is currently trading at $65.69 Pfizer Inc. (PFE) has a Market capitalization (total value of a company in the stock market) of approximately 163.47B and [...]

Earnings Highlights for the Week Ahead

Sun, 22 May 2011 11:19:11 -0400

This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago.

How expensive or cheap Intuitive Surgical Inc (ISRG) might be?

Sat, 14 May 2011 15:38:33 -0400

Intuitive Surgical Inc (ISRG) designs, manufactures and market da Vinci Surgical Systems is trading at a price of $356.00, a dramatic change of -5.04 with % change of -1.40 from its previous day’s close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 13.99B- 1-Year P/E:34.2, [...]

Medtronic Upgraded to “Outperform” at Wells Fargo (MDT)

Mon, 11 Apr 2011 08:46:51 -0400

Medical device maker Medtronic, Inc. (MDT) on Monday caught a big upgrade from analysts at Wells Fargo. The firm said it boosted its rating on MDT from “Market Perform” to “Outperform” and raised its valuation range from $40-42 to $47-48. That new range implies a potential 21% upside to the stock’s Friday closing price of [...]

Medtronic Q3 Profit Rises 11%, Cutting 2000 Jobs (MDT)

Tue, 22 Feb 2011 07:56:54 -0500

Medical device maker Medtronic, Inc. (MDT) on Tuesday said its fiscal third quarter profit rose 11% from last year, beating analyst estimates. The Minneapolis-based company reported fiscal third quarter net income of $924 million, or 86 cents per share, compared with $831 million, or 75 cents per share, in the year-ago period. Revenue rose 3% [...]

Medtronic Upgraded to “Buy” at Goldman Sachs (MDT)

Fri, 28 Jan 2011 09:20:42 -0500

Medical device maker Medtronic, Inc. (MDT) on Friday caught a big upgrade from analysts at Goldman Sachs. The firm said it boosted its rating on MST from “Neutral” to “Buy” while raising its price target from $37 to $45. That new target implies an 18% upside from the stock’s Thursday closing price of $37.99. Goldman [...]

Medtronic Upgraded to “Buy” at Goldman Sachs (MDT)

Fri, 28 Jan 2011 09:20:25 -0500

Medtronic Upgraded to “Buy” at UBS (MDT)

Thu, 23 Dec 2010 08:52:52 -0500

Medical device maker Medtronic, Inc. (MDT) on Wednesday was upgraded from “Neutral” to “Buy” by analysts at UBS, who cited the stock’s attractive valuation. The firm also boosted its price target on MDT form $37 to $44, which implies a 19% upside from the stock’s Wednesday closing price of $36.81. UBS noted the stock trades [...]

Medtronic’s Price Target Boosted at Citigroup (MDT)

Wed, 22 Dec 2010 09:10:03 -0500

Medical products maker Medtronic, Inc. (MDT) on Wednesday saw its price target raised by analysts at Citigroup. The firm said it now expects MDT shares to reach $47, which implies a 27% upside to the stock’s Tuesday closing price of $36.92. Citigroup commended the company’s new management and said it should benefit from a higher [...]

Medtronic Inc Receives FDA Approval for Its AFCCC System

Fri, 17 Dec 2010 12:34:53 -0500

Shares of Medtronic, Inc. (MDT) are higher on the session by 2.32%, trading at $37.02. The company today announced that the U.S. Food and Drug Administration [FDA] has approved its Arctic Front® Cardiac CryoAblation Catheter system, the first and only Cryoballoon in the United States indicated for the treatment of drug refractory paroxysmal atrial fibrillation [...]

The 10 Best Stock Picks of the 10 Richest Hedge Funds

Mon, 29 Nov 2010 10:20:00 -0500

The smartest money on Wall Street may be at the top hedge funds, whose investment managers are paid billions a year to beat the market. Those gurus only take big money clients, but you can follow their lead: DailyFinance has the 10 best stock picks of the 10 highest-paid hedge fund managers.

Continue reading The 10 Best Stock Picks of the 10 Richest Hedge Funds

The 10 Best Stock Picks of the 10 Richest Hedge Funds originally appeared on DailyFinance on Mon, 29 Nov 2010 10:20:00.

Filed Under: Investing, Hewlett-Packard, Microsoft, Altria Group, Stock Picks, Stocks in the News

Market Updates: Hewlett-Packard (NYSE:HPQ), Medtronic (NYSE:MDT), Microsoft (NASDAQ:MSFT), Wal-Mart Stores (NYSE:WMT)

Tue, 23 Nov 2010 10:52:46 -0500

Hewlett-Packard (NYSE:HPQ) rose 2% in early trading Tuesday, a day after it posted earnings ahead of Wall Street analyst expectations. Hewlett-Packard reported a 5% gain in quarterly profit, and posted a stronger-than-expected outlook. H-P said it earned $2.5 billion, or $1.10, compared with a profit of $2.4 billion, or 99 cents a share, for . . . → Full Story: Market Updates: Hewlett-Packard (NYSE:HPQ), Medtronic (NYSE:MDT), Microsoft (NASDAQ:MSFT), Wal-Mart Stores (NYSE:WMT)

Week in Preview: Earnings from Tyson, Analog Devices, Deere

Sun, 21 Nov 2010 08:15:00 -0500

Among quarterly results scheduled for this holiday-shortened week, investors may be thankful for earnings results from Tyson Foods, the Arkansas-based poultry and meat producer. Analog Devices and Deere also are reporting.

Continue reading Week in Preview: Earnings from Tyson, Analog Devices, Deere

Week in Preview: Earnings from Tyson, Analog Devices, Deere originally appeared on DailyFinance on Sun, 21 Nov 2010 08:15:00.

Filed Under: Company News, Economy, Investing, Earnings, Deere & Co, Stocks in the News

Inside Wall Street: Four Cash-Rich Pharma Picks From Goldman Sachs

Wed, 22 Sep 2010 07:30:00 -0400

While a new report from Goldman says health care is in a state of flux that most of the sector's companies haven't adjusted to yet, it also pinpoints four that have plenty of cash that could be put to good use for investors.

Continue reading Inside Wall Street: Four Cash-Rich Pharma Picks From Goldman Sachs

Inside Wall Street: Four Cash-Rich Pharma Picks From Goldman Sachs originally appeared on DailyFinance on Wed, 22 Sep 2010 07:30:00.

Filed Under: Company News, Columns, Investing, Health Care, Goldman Sachs , Pfizer, Stock Picks

Medtronic Initiated with a “Buy” Rating at Deutsche Bank (MDT)

Fri, 10 Sep 2010 08:59:25 -0400

Medical device maker Medtronic, Inc. (MDT) on Friday saw its coverage started with a “Buy” rating by analysts at Deutsche Bank. The firm also set a $43 price target on MDT shares, which represents an expected 31% upside to the stock’s Thursday closing price of $32.71. A Deutsche Bank analyst commented, “We were disappointed by Medtronic’s most [...]

Barron’s Is Wrong On Medtronic

Wed, 25 Aug 2010 16:58:46 -0400

I love Barron’s. I really do. I read it from cover to cover, and I truly believe it is one of the few business publications that knows the difference between a good company and a good stock. Now that I’ve sugared it up, let me tell you this: its article on Medtronic is wrong!