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Benzinga
3 days

These Analysts Boost Their Forecasts On Medtronic After Upbeat Q1 Earnings

1. MDT reported Q1 2026 earnings of $8.58 billion, beating estimates. 2. Organic revenue growth guidance for FY 2026 is set at 5%. 3. The company raised its revenue guidance significantly for FY 2026. 4. MDT shares increased by 4.4% following positive earnings results. 5. Analysts updated price targets, generally rating MDT positively.

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FAQ

Why Very Bullish?

Better-than-expected earnings and upward guidance signal strong business momentum, reminiscent of past successful quarters.

How important is it?

The article highlights significant earnings growth and analyst upgrades, critical for investor confidence.

Why Short Term?

The immediate impact of positive earnings and guidance typically affects stock prices shortly after results are announced.

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