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Fly News Breaks for January 29, 2018
SYK
Jan 29, 2018 | 09:03 EDT
SunTrust analyst Bruce Nudell raised his price target on Stryker to $179 after the company's preliminary Q4 earnings beat and FY17 outlook at the upper end of prior forecast. The analyst also cites favorable FX and higher Medsurg & Orthopedics forecasts while adding that he will watch the quarter results for hints on the overall health of the global hip/knee markets and continued uptake of the Mako robots. Nudell keeps his Buy rating on Stryker.
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