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

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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) Tops Q2 EPS by 2c, Offers Q3 Guidance

July 21, 2016 4:02 PM EDT

Stryker (NYSE: SYK) reported Q2 EPS of $1.39, $0.02 better than the analyst estimate of $1.37. Revenue for the quarter came in at $2.84 billion versus the consensus estimate of $2.79 billion.

GUIDANCE:

Stryker sees Q3 2016 EPS of $1.33-$1.38, versus the consensus of $1.41.

For earnings history and earnings-related data on Stryker (SYK) click here.

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