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Medtronic, Inc. (MDT) [hlAlert]

Rating:
Buy MDT
up 49.79 %

Medtronic, Inc. (MDT) rated Buy with price target $57 by Deutsche Securities

Posted on: Wednesday,  Feb 20, 2008  1:25 PM ET by Deutsche Securities

Deutsche Securities rated Buy Medtronic, Inc. (NYSE: MDT) on 02/20/2008, when the stock price was $49.08. Since
then, Medtronic, Inc. has gained 49.80% as of 08/27/2015's recent price of $73.52.
If you would have followed this Deutsche Securities's recommendation on MDT, you would have gained 49.79% of your investment in 2745 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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2008 1:25 PM Buy
None
49.08 57.00
as of 12/24/2008
1 Week down  -8.42 %
1 Month up  0.57 %
3 Months down  -8.50 %
1 YTD down  -38.36 %

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