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Medtronic plc (NYSE:MDT) Shares Could Be 33% Below Their Intrinsic Value Estimate

By Yahoo! Finance   |   Oct 1, 2024 at 08:06 AM EST
Medtronic plc (NYSE:MDT) Shares Could Be 33% Below Their Intrinsic Value Estimate

The analyst price target for Medtronic (MDT) is 29% lower than their estimated fair value. Using the Discounted Cash Flow (DCF) model, the intrinsic value is calculated at US$171 billion, indicating the stock is undervalued by 33%.

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