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Medtronic plc reported higher-than-expected earnings despite a slight drop in shares.
Medical technology company Medtronic plc reported a 3.9% increase in revenue and beat earnings expectations by $0.04 with $1.62 EPS in the latest quarter.
Despite a 3.3% drop in shares, various investment firms have increased their holdings.
The company's market cap is $112.18 billion, and it has a dividend yield of 3.25%.
Analysts have a "Moderate Buy" consensus rating and a $97.00 price target.
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Medtronic plc informó ganancias más altas de lo esperado a pesar de una ligera caída en las acciones.