Why Is Medtronic plc (NYSE: MDT) Stock Down Today?

Medtronic plc (NYSE: MDT) Summary

Medtronic plc (NYSE: MDT) is trading down -0.88% at $88.51, reflecting a negative shift in investor sentiment today. The stock opened at $89.74 and has moved between $88.46 and $90.28 so far.

Trading volume is 10955992, which is 36% above its average, and the price action suggests selling interest.

Technically, MDT on the NYSE is trading below its 50-day moving average of $89.20 and below its 200-day moving average of $89.09, indicating short-term and long-term weakness.

Analyst sentiment is bullish. Meyka's AI assigns MDT a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +1.34% in 1 month ($89.70), -0.07% in 1 year ($88.45), and +3.96% in 5 years ($92.01).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
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