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Stryker Corporation Message Board

  • mister_green_genes mister_green_genes Sep 6, 2011 10:10 AM Flag

    Upgrade To Buy

    According to Deutsche Bank, Stryker (NYSE: SYK) is upgraded to Buy.

    Deutsche Bank said that Stryker often gets classified as an "ortho" or "capex" company, descriptions that do not give credit to its diversification. “While the end markets remain challenging, we believe Stryker has the right strategy for this environment to deliver above average growth. We have increased our target price to $64 from $61 to reflect our higher growth forecast.”

    Stryker closed on Friday at $47.27.

116.28+1.84(+1.61%)Aug 29 4:01 PMEDT