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Fly News Breaks for February 4, 2019
SYK
Feb 4, 2019 | 07:05 EDT
SunTrust analyst Bruce Nudell raised his price target on Stryker to $205 and kept his Buy rating, modeling his FY19 organic revenue growth outlook near the top of the management's range. The analyst is positive on the company's "reliably strong sales growth and diversification as well as upside potential via future accretive M&A" along with its "genuine focus on margin improvement. In addition to Stryker's strong sales growth, Nudell points to the recent "management incentives geared to improvement in operating margin and free cash flows".
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