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Fly News Breaks for September 28, 2015
SYK
Sep 28, 2015 | 07:57 EDT
Needham analyst Mike Matson downgraded Stryker to Hold from Buy on concerns investor sentiment towards larger acquisitions has shifted in a negative direction. A larger deal by Stryker would likely now be received negatively, rather than positively, the analyst tells investors in a research note. He still believes the company has the potential to do a larger deal.
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