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Fly News Breaks for April 27, 2018
SYK
Apr 27, 2018 | 09:26 EDT
BMO Capital analyst Joanne Wuensch raised her price target on Stryker to $170 after the company's Q1 earnings beat, saying that operating leverage helped to drive EPS growth. The analyst also points to Stryker raising its FY18 organic revenue growth view, with more investor attention coming to the company's growing Neurovascular and Endoscopy franchises and expanding margins. Wuensch keeps her Market Perform rating on Stryker on valuation.
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