NYSE:MDTMedical Equipment
Medtronic (MDT) Stock Could Be 12.2% Undervalued After Strong Revenue Growth
Event driven interest in Medtronic stock
Medtronic (MDT) is back in focus after reporting its strongest annual revenue growth in a decade, with fourth quarter revenue up 9.9% year over year and cardio sales showing especially strong momentum.
Investors are weighing how this performance, combined with rapid uptake of PulseSelect and the Affera System and a competitively priced Hugo surgical robot, compares with recent share price weakness and cautious margin commentary.
See our latest analysis...