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Medtronic Warns Broad Legal Risks Could Materially Impact Financial Performance

Tipranks - Tipranks - Sun Jun 21, 1:02AM CDT

Medtronic (MDT) has disclosed a new risk, in the Litigation & Legal Liabilities category.

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Medtronic faces a broad range of ongoing and potential legal exposures, including product liability, contractual disputes, intellectual property conflicts, tax and securities litigation, employment and environmental matters, and governmental investigations in the U.S. and other jurisdictions. These proceedings are inherently unpredictable, may be prolonged and costly, and could divert management attention, damage its reputation, and materially impact its business, financial condition, results of operations, and cash flows.

The average MDT stock price target is $97.90, implying 23.39% upside potential.

To learn more about Medtronic’s risk factors, click here.

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