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Barclays upgrades Medtronic to "overweight" on strong earnings and innovation progress.
Barclays upgraded its outlook on Medtronic following strong earnings, citing better-than-expected revenue growth in cardiovascular and surgical segments, solid international performance, and progress in digital health and minimally invasive technologies.
The firm maintained an "overweight" rating, highlighting the company’s operational efficiency, innovation pipeline, and resilience amid industry challenges like pricing pressures and supply chain issues.
Analysts credit disciplined cost management and strategic investments for sustaining growth and reinforcing Medtronic’s leadership in medical devices.
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Barclays actualiza Medtronic a "sobrepeso" con fuertes ganancias y progreso en innovación.