Stifel analyst Rick Wise maintains $Medtronic (MDT.US)$ with a hold rating, and maintains the target price at $87.
According to TipRanks data, the analyst has a success rate of 58.1% and a total average return of 4.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Medtronic (MDT.US)$'s main analysts recently are as follows:
Analysts highlight that despite FY25's positive indicators for high-single-digit EPS growth, into FY26, challenges such as persistent FX pressures, impacts from new product and capital investments, and slight increases in tax rates are anticipated to constrain a sustainable return to high-single-digit EPS growth rates.
Medtronic's Q2 revenue outperformance was primarily propelled by its cardiovascular, neurology, and diabetes segments. The company also raised its FY25 guidance to between 4.75%-5.0%. Looking ahead to FY26, it is believed that EPS growth may surpass overall top line expansion.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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