William Blair assumed coverage on shares of MiniMed Group (NASDAQ:MMED – Free Report) in a research note released on Tuesday morning, MarketBeat.com reports. The firm issued an outperform rating on the stock.
A number of other equities research analysts have also recently commented on MMED. Citigroup initiated coverage on shares of MiniMed Group in a report on Tuesday. They issued a “buy” rating and a $23.00 price target for the company. Piper Sandler started coverage on shares of MiniMed Group in a research report on Tuesday. They set a “neutral” rating and a $16.00 price objective on the stock. Evercore assumed coverage on MiniMed Group in a research note on Tuesday. They issued an “outperform” rating and a $20.00 target price for the company. Wells Fargo & Company started coverage on MiniMed Group in a research report on Tuesday. They issued an “overweight” rating and a $26.00 target price for the company. Finally, Morgan Stanley started coverage on MiniMed Group in a report on Tuesday. They issued an “overweight” rating and a $19.00 price target on the stock. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.10.
Read Our Latest Stock Analysis on MiniMed Group
MiniMed Group Stock Performance
MiniMed Group News Summary
Here are the key news stories impacting MiniMed Group this week:
- Positive Sentiment: Multiple major brokerages initiated coverage with bullish ratings and high price targets, supporting upside expectations — notable examples include Bank of America ($27 PT) and Goldman Sachs ($24 PT). This broad coverage is being read as validation of MMED’s standalone pipeline and commercial opportunity. MiniMed initiated with ‘Buy’ rating by Bank of America on pipeline-driven growth outlook
- Positive Sentiment: Other buy/overweight/outperform starts include Wells Fargo ($26), BTIG ($25), Citigroup ($23), Mizuho ($21), Evercore ($20), Deutsche Bank ($20) and Morgan Stanley ($19) — analyst price targets span roughly $16–$27, implying material upside from recent levels and giving investors multiple bullish third‑party valuations. Coverage roundup
- Neutral Sentiment: Piper Sandler placed a neutral/”neutral” stance with a $16 price target — this is less bullish than many peers and may moderate expectations for near‑term re‑rating. Piper Sandler coverage note
- Negative Sentiment: Analysts who stayed cautious (Piper Sandler / coverage summarized on TipRanks) cite execution risks as a reason for a Hold/neutral view; those execution concerns could cap upside if the company misses early standalone milestones. Balancing Franchise Strength with Execution Risks: Why MiniMed Merits a Hold Rating
MiniMed Group Company Profile
We are a scaled global medical technology company that develops, manufactures, and markets a comprehensive suite of solutions for the management of diabetes. Since our founding more than 40 years ago, we have pioneered groundbreaking innovation and served the needs of our customers across the globe in service of our mission to make every day a better day for people with diabetes. Today, we are the only player in the market that commercializes all parts of an integrated diabetes management system.
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