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Fly News Breaks for July 18, 2016
SYK
Jul 18, 2016 | 07:34 EDT
Oppenheimer analyst Steven Lichtman raised his price target for Stryker to $128 from $114 citing valuation. Lichtman forecasts a relatively quiet Q2 period for the orthopedic companies, and expects the group to remain a place for positive money flow in the near-term given the lack of a hot-button election-year issue and stable end-market dynamics. Oppenheimer has a Perform rating on the shares.
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