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Fly News Breaks for January 3, 2019
SYK
Jan 3, 2019 | 08:59 EDT
As previously reported, Evercore ISI upgraded Stryker to Outperform from In Line. Analyst Ross Muken said 2019 guidance has been de-risked following management commentary and said recent macro survey work suggests 7% organic growth is achievable. Additionally, the analyst said superior execution on margins has come in better, indicating upside to consensus estimates for this attractively discounted stock.