Mizuho Lowers Medtronic Price Target to $120 While Maintaining Outperform Rating
Mizuho analyst Anthony Petrone cut the price target for Medtronic PLC from $125 to $120 on April 13, 2026, while keeping an Outperform rating. Evercore ISI Group analyst Vijay Kumar lowered the target from $108 to $106 on April 9, 2026, also maintaining Outperform. Medtronic PLC trades under MDT on the NYSE and has a dividend yield of 3.22%.
marketwatch.com# Medtronic Analyst Updates Mizuho analyst Anthony Petrone maintained an Outperform rating for Medtronic PLC and reduced the price target from $125 to $120 on April 13, 2026. Anthony Petrone has an accuracy rate of 63%. Medtronic PLC trades under the ticker symbol MDT on the NYSE.
Evercore ISI Group analyst Vijay Kumar maintained an Outperform rating for Medtronic PLC and lowered the price target from $108 to $106 on April 9, 2026. Vijay Kumar has an accuracy rate of 54%. These adjustments follow Medtronic's announcement that it will report financial results on Wednesday.
22%. The company announced its upcoming financial results disclosure. Benzinga reported on these analyst actions and company details.
Analyst Ratings and Accuracy Anthony Petrone's maintenance of the Outperform rating came with the price target cut to $120.
His accuracy rate stands at 63%. The update occurred on April 13, 2026. Vijay Kumar similarly kept an Outperform rating while adjusting the price target to $106. His accuracy rate is 54%. This change was made on April 9, 2026.
Company Financial Details Medtronic PLC operates with the NYSE ticker MDT.
22%. The firm stated it will release financial results on Wednesday.
Upcoming Earnings Report Medtronic announced the financial results report for Wednesday.
This follows the recent analyst price target adjustments. Benzinga reported the announcement.
Story Timeline
3 events- April 13, 2026
Mizuho analyst Anthony Petrone maintained Outperform rating and cut price target from $125 to $120 for Medtronic PLC
1 sourceMizuho analyst Anthony Petrone - April 9, 2026
Evercore ISI Group analyst Vijay Kumar maintained Outperform rating and lowered price target from $108 to $106 for Medtronic PLC
1 sourceEvercore ISI Group analyst Vijay Kumar - 2026-04-15 (current)
Medtronic announced it will report financial results on Wednesday
1 sourceMedtronic
Potential Impact
- 01
Investor focus on Medtronic's upcoming financial results report
- 02
Sustained interest in MDT dividend yield of 3.22% amid rating maintenances
- 03
Continued Outperform ratings may support positive sentiment for MDT
- 04
Potential influence on MDT stock price due to lowered targets ahead of earnings
- 05
Market assessment of analyst accuracy rates in evaluating Medtronic outlook
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