Is a Med-Tech Marriage in Mazor Robotics' Future?
Medtronic's (NYSE: MDT) salespeople have been generating leads for Mazor Robotics' (NASDAQ: MZOR) robotic surgery system since last year, and recently, the two companies agreed to let Medtronic take over global marketing entirely. Since Medtronic already owns over 10% of Mazor Robotics shares, could an outright acquisition be on the horizon?
In this clip from The Motley Fool's Industry Focus: Healthcare podcast, analyst Kristine Harjes and contributor Todd Campbell explain how these companies are working together and what the future may have in store for Mazor Robotics' investors.
A full transcript follows the video.
Source: Fool.com
Medtronic plc Stock
We see a rather positive sentiment for Medtronic plc with 7 Buy predictions and 1 Sell predictions.
With a target price of 92 € there is a slightly positive potential of 15.17% for Medtronic plc compared to the current price of 79.88 €.