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Medtronic (MDT) stock got a lift Wednesday, a day ahead of its scheduled fiscal Q1 earnings report, as an analyst raised his price target on the medical device giant’s shares. Cowen and Co. analyst Joshua Jennings wrote in a research note Wednesday that Medtronic — which acquired Covidien this year — should generate “top tier” growth in both earnings and revenue. He said that relocating the official Medtronic headquarters to Covidien’s hometown of Scalper1 News
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