UPDATE: Oppenheimer Lowers PT on Medtronic from $48 to $42 - Medtronic (NYSE:MDT)

27% profit every 20 days?

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Oppenheimer has published a research report on Medtronic (NYSE: MDT) lowering the price target.In the report, Oppenheimer wrote, "On MDT's F1Q call, mgmt noted continued ICD/Spine pressures, reiterated FY12 guidance on solid performance from its remaining business lines/cost savings, anddiscussed new CEO Omar Ishrak's priorities for reinvigorating growth."Oppenheimer rated Medtronic an Outperform with a price target lowered from $48.00 to $42.00. Medtronic closed Tuesday at $33.10.

27% profit every 20 days?

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