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Fly News Breaks for February 1, 2016
SNN, SYK
Feb 1, 2016 | 14:28 EDT
Piper Jaffray analyst Matt O'Brien believes Stryker's (SYK) acquisition of Sage Products means that deal with Smith & Nephew (SNN) is unlikely to occur. The analyst believes smaller deals are still on the table for Stryker, however. He views Sage as a "nice strategic move" for the company and reiterates an Overweight rating on the stock with a $110 price target.
News For SYK;SNN From the Last 2 Days
