Wells Fargo Maintains an 'Outperform' on Stryker (SYK); The New CEO Is...

Wells Fargo maintains an 'Outperform' on Stryker (NYSE: SYK).

Analyst, Larry Biegelsen, feels the company is getting close to naming a new CEO. Stephen MacMillan resigned in February and current CFO was announced as interim CEO at the time. However, Biegelsen ultimately believes SYK will move Curt Hartman (CFO and acting CEO) back to only CFO and hire an outside prospect.

The only clue from the board of directors was that they are looking at both internal an external candidates.

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 $53.82 yesterday.

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