Stryker (SYK) PT Raised to $342 at Citi

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Go back to Stryker (SYK) PT Raised to $342 at Citi

Stryker (SYK) raises FY outlook but shares still drop; Analysts raise numbers

May 2, 2023 8:26 AM EDT

Stryker (NYSE: SYK) shares trade over 4% lower in pre-open Tuesday after the surgical equipment maker reported its Q1 results and offered guidance.

Stryker reported EPS of $2.14 on revenue of $4.8 billion, topping the analyst estimate for earnings of $2.01 on revenue of $4.56B. Both business segments - MedSurg & Neurotechnology and Orthopaedics & Spine - generated... More