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Fly News Breaks for April 24, 2019
SYK
Apr 24, 2019 | 07:23 EDT
Barclays analyst Kristen Stewart recommends using the post-earnings selloff in shares of Stryker as a buying opportunity. The market likely wanted a higher quality earrings beat, Stewart tells investors in a research note. The analyst, however, says her view on the company is unchanged. She continues to view Stryker as "capable of delivering above-peer growth thus worthy of a premium PE multiple." Stewart keeps an Overweight rating on the shares with a $211 price target.
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