Medtronic Surges to 119th in Trading Volume Rankings with $740 Million in Transactions

On June 16, 2025, Medtronic's trading volume reached $740 million, marking a 40.35% increase from the previous day. This surge placed Medtronic at the 119th position in the day's trading volume rankings. The stock price of Medtronic (MDT) rose by 0.74%.

Leerink Partners analyst Mike Kratky initiated coverage on Medtronic, assigning an "Outperform" rating. This move by Leerink Partners is significant as it reflects a positive outlook on the company's future performance. The firm set a price target of $110.00 for Medtronic, indicating a potential upside for investors.

Everhart Financial Group Inc. also took note of Medtronic, acquiring a position worth $267,000 in the company. This investment aligns with the positive sentiment expressed by Leerink Partners, further validating the bullish stance on Medtronic's stock.