Medtronic 2Q18 results: relief rally yesterday as management showed optimism for the rest of the year

Medtronic reported improving results yesterday, and reiterated its FY18 revenue and EPS outlook despite production disruptions. This was well perceived by the market, as MDT had become a low expectation story in the recent quarters. Price target unchanged at $88. Continue reading “Medtronic 2Q18 results: relief rally yesterday as management showed optimism for the rest of the year”