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Medtronic Wins FDA Nod For Spine Surgery Tech Designed To Cut Repeat Imaging
Medtronic (NYSE: MDT) has received FDA clearance for its Stealth AXiS surgical system for spine surgery. This new technology aims to provide real-time visualization of anatomical motion during procedures, potentially reducing the need for repeated imaging and streamlining the surgical workflow. While the stock’s valuation is seen as a premium, analysts have set an average price target of $110.29, suggesting confidence in its growth prospects.