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Medtronic, Inc. (MDT) [hlAlert]

Rating:
Buy MDT
up 29.91 %

Medtronic, Inc. (MDT) rated Buy by Goldman

Posted on: Tuesday,  Dec 17, 2013  8:25 AM ET by Goldman

Goldman rated Buy Medtronic, Inc. (NYSE: MDT) on 12/17/2013, when the stock price was $56.59. Since
then, Medtronic, Inc. has gained 29.92% as of 08/27/2015's recent price of $73.52.
If you would have followed this Goldman's recommendation on MDT, you would have gained 29.91% of your investment in 618 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.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2013 8:25 AM Buy
None
56.59
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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