JPMorgan Upgrades BAX, SYK to Overweight, BSX to Neutral, Downgrades ZMH, ABT to Neutral

JPMorgan's Mike Weinstein revised investment ratings on a number of stocks in the Medical Equipment sector Tuesday morning:

• upgraded Baxter (NYSE: BAX) from Neutral to Overweight, $64 price target maintained;
  
• upgraded Styrker (NYSE: SYK) from Neutral to Overweight, price target reduced from $67 to $61;
  
• upgraded Boston Scientific (NYSE: BSX) from Underweight to Neutral, price target reduced from $8 to $7.50;
  
• downgraded Zimmer Holdings (NYSE: ZMH) from Overweight to Neutral, price target reduced from $70 to $62; and
  
• downgraded Abbott Labs (NYSE: ABT) from Overweight to Neutral, $55 price target maintained.

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