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Medtronic (MDT) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-11-01 22:50
Medtronic (MDT) closed the latest trading day at $90.07, indicating a +0.92% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.41%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.8%.The medical device company's stock has climbed by 1.69% in the past month, exceeding the Medical sector's loss of 4.61% and the S&P 500's loss of 0.97%.Analysts and investors alike will be keeping a close eye on ...
Medtronic (MDT) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-10-28 22:56
Medtronic (MDT) closed the latest trading day at $90.60, indicating a +0.01% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow gained 0.65%, and the Nasdaq, a tech-heavy index, added 0.26%.Shares of the medical device company witnessed a gain of 1.42% over the previous month, beating the performance of the Medical sector with its loss of 4.14% and underperforming the S&P 500's gain of 2%.Investors will be eagerly watching for th ...
SPYRAL HTN-ON MED study shows significant, consistent, long-term blood pressure lowering effect at two years
Prnewswire· 2024-10-28 18:15
Company commits to advancing clinical data for Symplicity™ with the SPYRAL Gemini clinical trial and expansion of the GSR-DEFINE clinical trial GALWAY, Ireland and WASHINGTON, Oct. 28, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced new, long-term data from its SPYRAL HTN-ON MED clinical trial that showed subjects who underwent radiofrequency renal denervation with the Symplicity™ Spyral renal denervation (RDN) system had significantly greater reduct ...
A new paradigm in electrophysiology: Medtronic receives FDA approval of Affera™ Mapping and Ablation System and Sphere-9™ Catheter
Prnewswire· 2024-10-24 20:33
With this approval, Medtronic is now the first and only company with two PFA technologies available for patients with Afib. The PulseSelect™ Pulsed Field Ablation System, which was FDA approved in December 2023, offers physicians a safe, single-shot solution for pulmonary vein isolation (PVI) while the Affera Sphere-9 catheter enables physician treatment flexibility with its wide area focal design and 9mm lattice tip that can used with an 8.5Fr sheath. "The significance of this innovative technology should ...
Philips and Medtronic advocacy partnership aims to help accelerate access to life-saving treatments
GlobeNewswire News Room· 2024-10-24 13:00
October 24, 2024 Both companies also join the newly established World Stroke Organization Advocacy Coalition Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Medtronic Neurovascular, a leading innovator in neurovascular therapies, today announced a strategic advocacy partnership. Delivering timely stroke care is crucial to saving lives and reducing long-term disability. As leaders in stroke diagnosis and treatment, the two organizations are advocat ...
Medtronic (MDT) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-10-22 22:56
Medtronic (MDT) closed at $91.12 in the latest trading session, marking a +0.1% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.05% for the day. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.18%. Prior to today's trading, shares of the medical device company had gained 1.3% over the past month. This has outpaced the Medical sector's loss of 4.16% and lagged the S&P 500's gain of 2.76% in that time. Investors will be eagerly watching for the performa ...
MDT vs. ABT: Which Stock Is the Better Value Option?
ZACKS· 2024-10-21 16:45
Investors looking for stocks in the Medical - Products sector might want to consider either Medtronic (MDT) or Abbott (ABT) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revis ...
Medtronic: Undervalued Dividend Aristocrat With High Margins
Seeking Alpha· 2024-10-10 12:05
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios. Navigating this market can be a tricky endeavor. For one thing, there is plenty of interest rate uncertainty given the Fed's delicate balancing act of contr ...
MDT Stock Trades Near 52-Week High: Is it a Smart Buy Now?
ZACKS· 2024-10-09 17:32
Following a slump, shares of Medtronic (MDT) seem to have started to recuperate, possibly banking on a gradually improving investment and research scenario, thanks to the recent monetary policy easing. Closing Wednesday's trading session at $88.14, shares of this MedTech behemoth are currently trading near the 52-week high of $91.49. Fed's latest aggressive 50-bps rate cut, along with the high likelihood of another half a percentage point cut in the rest of 2024, as part of the central bank's gradual unwind ...
The Zacks Analyst Blog JPMorgan, Medtronic, Shopify and Perma-Pipe International
ZACKS· 2024-10-09 08:15
For Immediate ReleasesChicago, IL – October 9, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include:JPMorgan Chase & Co. (JPM) , Medtronic plc (MDT) and Shopify Inc. (SHOP) and Perma-Pipe International Holdings, Inc. (PPIH) .Here are highlights from Wednesday’s Analyst Blog: Top Research Reports for JPMorgan Chase, Med ...