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Fly News Breaks for July 15, 2019
SYK
Jul 15, 2019 | 07:32 EDT
BTIG analyst Ryan Zimmerman raised his price target on Stryker to $219 and kept his Buy rating as part of his Q2 MedTech earnings preview research note, saying the quarter should prove to be "more defensive than opportunistic" and that investors should consider long-short sector strategies over momentum-driven trades. The analyst is positive on Stryker's capital order book and believes that it has a clear line of sight on growth through FY19, adding that the company is also growing the staff count as intended.
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