Stryker (SYK) Tops Q2 EPS by 2c, Offers Q3 Guidance

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UBS Raises Price Target on Stryker (SYK) to $121 Following 2Q Report

July 22, 2016 9:52 AM EDT

UBS reiterated a Neutral rating on Stryker (NYSE: SYK), and raised the price target to $121.00 (from $112.00), following the company's 2Q earnings report. EPS of $1.39 was up 16% year-over-year, 2c above consensus. Sales were $2.8 bil, up 6.6% organically, $53 mil above consensus.

Analyst Matt Miksic... More

Stryker (SYK) PT Raised to $135 at Piper Jaffray Amid Solid Q2

July 22, 2016 6:54 AM EDT

Piper Jaffray analyst Matt O'Brien reiterated an Overweight rating and boosted his price target on Stryker (NYSE: SYK) to $135.00 (from $120.00) following solid Q2 results. The firm remains positively inclined.

O'Brien commented, "This evening, SYK reported Q2 results that were above consensus estimates, but probably... More