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MDT
105.02
- 0.31%
Medtronic plc
Healthcare

News Sentiment

59m ago
Bullish 82%
Bearish 18%

News Summary

Medtronic reported strong second-quarter results with higher sales and profits compared to last year. The company raised its revenue and earnings guidance for the coming periods, fueling a stock rally that has seen shares climb nearly 31% year-to-date and reach a 52-week high. Management highlighted a renewed focus on strategic tuck-in acquisitions in high-growth cardiology and neuroscience segments and investments in near-market technologies. The stock's relative strength rating was upgraded, indicating strong market accumulation and bullish momentum.
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