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Enter Symbol:
 
Medtronic, Inc. (MDT) [hlAlert]

Rating:
Buy MDT
up 30.26 %

Medtronic, Inc. (MDT) rated Buy

Posted on: Thursday,  Oct 11, 2007  11:25 AM ET by Bear Stearns

Bear Stearns rated Buy Medtronic, Inc. (NYSE: MDT) on 10/11/2007, when the stock price was $56.44. Since
then, Medtronic, Inc. has gained 30.26% as of 08/27/2015's recent price of $73.52.
If you would have followed this Bear Stearns's recommendation on MDT, you would have gained 30.26% of your investment in 2877 days.

Medtronic, Inc. (Medtronic) is a global player in medical technology. The Company operates in seven segments that manufacture and sell device-based medical therapies: Cardiac Rhythm Disease Management, Spinal, CardioVascular, Neuromodulation, Diabetes, Surgical Technologies and Physio-Control. Through these seven segments, the Company develops, manufactures and markets its medical devices in more than 120 countries. Its primary products include those for cardiac rhythm disorders, cardiovascular disease, neurological disorders, spinal conditions and musculoskeletal trauma, urological and digestive disorders, diabetes, and ear, nose and throat conditions. The primary markets for products are the United States, Western Europe and Japan. In July 2008, it acquired Restore Medical, Inc. In November 2008, Medtronic acquired CryoCath Technologies Inc. In February 2009, it acquired Ablation Frontiers, Inc. and Ventor Technologies Ltd. In April 2009, Medtronic acquired CoreValve, Inc.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/11/2007 11:25 AM Buy
None
56.44 65.00
as of 8/27/2015
1 Week down  -3.88 %
1 Month down  -4.03 %
3 Months down  -3.59 %
1 YTD up  28.10 %

(*) Stock Price at the time of the recommendation.
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