$79.355
0.165[0.21%]
At close: Apr 19
$79.28
-0.0750[-0.09%]
After Hours: 9:29AM EDT
Medtronic Stock (NYSE:MDT), Analyst Ratings, Price Targets, Predictions
Medtronic PLC has a consensus price target of $95.31, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from RBC Capital, Oppenheimer, and Mizuho on February 21, 2024. With an average price target of $94 between RBC Capital, Oppenheimer, and Mizuho, there's an implied 18.57% upside for Medtronic PLC from these 3 analyst ratings.
Analyst Firms Making Recommendations1
RBC Capital
Oppenheimer
Mizuho
Truist Securities
Morgan Stanley
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Medtronic
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/21/2024 | MDT | Buy Now | Medtronic | $79.28 | 16.04% | RBC Capital | Shagun Singh | → $92 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 02/21/2024 | MDT | Buy Now | Medtronic | $79.28 | 16.04% | Oppenheimer | Steven Lichtman | $89 → $92 | Maintains | Perform | Get Alert |
| 02/21/2024 | MDT | Buy Now | Medtronic | $79.28 | 23.61% | Mizuho | Anthony Petrone | $95 → $98 | Maintains | Buy | Get Alert |
| 02/21/2024 | MDT | Buy Now | Medtronic | $79.28 | 13.52% | Truist Securities | Richard Newitter | $87 → $90 | Maintains | Hold | Get Alert |
| 01/12/2024 | MDT | Buy Now | Medtronic | $79.28 | 16.04% | RBC Capital | Shagun Singh | $82 → $92 | Maintains | Sector Perform | Get Alert |
| 12/22/2023 | MDT | Buy Now | Medtronic | $79.28 | 9.74% | Truist Securities | Richard Newitter | $84 → $87 | Maintains | Hold | Get Alert |
| 11/22/2023 | MDT | Buy Now | Medtronic | $79.28 | 3.43% | RBC Capital | Shagun Singh | → $82 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 11/22/2023 | MDT | Buy Now | Medtronic | $79.28 | 23.61% | Morgan Stanley | Cecilia Furlong | $104 → $98 | Maintains | Overweight | Get Alert |
| 08/23/2023 | MDT | Buy Now | Medtronic | $79.28 | 12.26% | RBC Capital | Shagun Singh | → $89 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 08/23/2023 | MDT | Buy Now | Medtronic | $79.28 | 12.26% | Oppenheimer | Steven Lichtman | → $89 | Reiterates | Perform → Perform | Get Alert |
| 08/23/2023 | MDT | Buy Now | Medtronic | $79.28 | 3.43% | UBS | Matthew Taylor | $79 → $82 | Maintains | Sell | Get Alert |
| 08/23/2023 | MDT | Buy Now | Medtronic | $79.28 | 26.14% | Mizuho | Anthony Petrone | $95 → $100 | Maintains | Buy | Get Alert |
| 08/23/2023 | MDT | Buy Now | Medtronic | $79.28 | 28.66% | Wells Fargo | Larry Biegelsen | $100 → $102 | Maintains | Overweight | Get Alert |
| 08/23/2023 | MDT | Buy Now | Medtronic | $79.28 | 19.83% | Stifel | Rick Wise | $92 → $95 | Maintains | Buy | Get Alert |
| 07/19/2023 | MDT | Buy Now | Medtronic | $79.28 | 13.52% | Baird | David Rescott | → $90 | Initiates | → Neutral | Get Alert |
| 06/30/2023 | MDT | Buy Now | Medtronic | $79.28 | 33.7% | CL King | Kristen Stewart | → $106 | Initiates | → Buy | Get Alert |
| 05/26/2023 | MDT | Buy Now | Medtronic | $79.28 | 12.26% | RBC Capital | Shagun Singh | → $89 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 05/26/2023 | MDT | Buy Now | Medtronic | $79.28 | 13.52% | Truist Securities | Richard Newitter | $93 → $90 | Maintains | Hold | Get Alert |
| 05/26/2023 | MDT | Buy Now | Medtronic | $79.28 | 16.04% | Stifel | Rick Wise | $90 → $92 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Medtronic (MDT)?
The latest price target for Medtronic (NYSE: MDT) was reported by RBC Capital on February 21, 2024. The analyst firm set a price target for $92.00 expecting MDT to rise to within 12 months (a possible 15.93% upside). 25 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Medtronic (MDT)?
The latest analyst rating for Medtronic (NYSE: MDT) was provided by RBC Capital, and Medtronic reiterated their sector perform rating.
When was the last upgrade for Medtronic (MDT)?
The last upgrade for Medtronic PLC happened on April 24, 2023 when Barclays raised their price target to $104. Barclays previously had an equal-weight for Medtronic PLC.
When was the last downgrade for Medtronic (MDT)?
The last downgrade for Medtronic PLC happened on January 9, 2023 when RBC Capital changed their price target from $102 to $89 for Medtronic PLC.
When is the next analyst rating going to be posted or updated for Medtronic (MDT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Medtronic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Medtronic was filed on February 21, 2024 so you should expect the next rating to be made available sometime around February 21, 2025.
Is the Analyst Rating Medtronic (MDT) correct?
While ratings are subjective and will change, the latest Medtronic (MDT) rating was a reiterated with a price target of $0.00 to $92.00. The current price Medtronic (MDT) is trading at is $79.36, which is within the analyst’s predicted range.
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