Medtronic Upgraded to Neutral by Goldman Sachs Following Strong Q2 Results, Sets $111 Price Target
ByAinvest
Wednesday, Nov 19, 2025 11:27 pm ET1min read
MDT--
Goldman Sachs upgrades Medtronic (MDT) to Neutral due to strong Q2 FY26 results and increased R&D investments. Despite valuation being below industry average, Goldman set a 12-month price target of $111. Medtronic's strategic focus on sustainable growth through enhanced R&D and SG&A investments.
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