Medtronic plc (NYSE:MDT) is among the 11 Defensive Healthcare Dividend Stocks to Buy Now. Stifel raised MDT’s price target to $105 from $90 after a positive outlook on their HUGO Robotic System. The system is expected to be introduced in the US by the end of fiscal 2026 pending FDA approval. Medtronic is the world’s largest manufacturer of medical devices with a strong financial position. Stifel noted that Medtronic plans a deliberate approach to introducing the HUGO system in the US market. Medtronic’s dividend adds to its investment appeal, with 48 straight years of dividend increases.

Read more at Yahoo Finance: Stifel Raises Medtronic’s (MDT) Price Target After Positive Outlook on HUGO Robotic System