Citi opens 'upside 90-day catalyst watch' on Stryker
Citi opened an “upside 90-day catalyst watch” on shares of Stryker (SYK) while keeping a Buy rating on the name with a $420 price target The firm believes fundamentals in the U.S. medical technology sector remain “healthy” despite the recent volatility. Stryker has reported consistent double-digit revenue and earnings growth, the analyst tells investors in a research note.
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Read More on SYK:
- Stryker announces launch of SmartHospital Platform
- Stryker price target raised to $400 from $386 at UBS
- Walmart downgraded, Etsy upgraded: Wall Street’s top analyst calls
- Stryker initiated with an Outperform at William Blair
- Stryker: Expanding Breast Reconstruction Leadership Warrants Premium Valuation and Buy Rating
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