Medtronic Analysts Cut Their Forecasts After Q3 Earnings

Medtronic PLC (NYSE:MDT) posted better-than-expected earnings for the third quarter on Tuesday.The company posted adjusted EPS of $1.36, beating market estimates of $1.33. The company’s quarterly sales came in at $9.017 billion, versus expectations of $8.905 billion.Medtronic affirmed its FY2026 adjusted EPS guidance of $5.62-$5.66, versus market estimates of $5.65.Medtronic shares rose 0.1% to $96.45 in pre-market trading.These analysts made changes to their price targets on Medtronic following earnings an ...