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Added to YB: 2025-07-14

Pitch date: 2025-07-11

MDT [bullish]

Medtronic plc

+10.67%

current return

Author Info

No bio for this author

Company Info

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Market Cap

$120.0B

Pitch Price

$86.25

Price Target

99.00 (+4%)

Dividend

3.07%

EV/EBITDA

13.05

P/E

23.11

EV/Sales

3.72

Sector

Health Care Equipment and Supplies

Category

special_situation

Show full summary:
Citi Reiterates Buy Rating on $MDT, PT $99

MDT: Citi opens 90-day upside catalyst watch, reiterates Buy/$99 PT. Favorable CMS draft coverage for renal denervation matches FDA label. Upcoming catalysts: final RDN coverage Oct 8, Hugo robot FDA approval for urology, Minimed 780G label expansions for Type 2 diabetes + Abbott Libre CGM integration.

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