Stryker (SYK) Results Slowing - Jefferies

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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