Goldman Sachs Downgrades Stryker (SYK) to Neutral
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Price: $339.21 -0.55%
Rating Summary:
33 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
33 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Stryker (NYSE: SYK) from Buy to Neutral with a price target of $53 (down from $57).
The firm said positive trends have played out. Now, overall growth in the company's end markets looks to be closer to the 3%-5% range vs. the 5%-7% level that they had initially expected.
For an analyst ratings summary and ratings history on Stryker click here. For more ratings news on Stryker click here.
Shares of Stryker closed at $46.77 yesterday.
The firm said positive trends have played out. Now, overall growth in the company's end markets looks to be closer to the 3%-5% range vs. the 5%-7% level that they had initially expected.
For an analyst ratings summary and ratings history on Stryker click here. For more ratings news on Stryker click here.
Shares of Stryker closed at $46.77 yesterday.
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