Cantor Fitzgerald analyst Craig Bijou keeps a Neutral rating on Wright Medical Group (WMGI) after a web report said that Smith & Nephew (SNN) may be exploring a superior bid for Wright compared to the $30.75 per share acquisition from Stryker (SYK). The analyst believes Smith & Nephew was seriously considering an acquisition of Wright Medical until its CEO resigned in October. That said, he does not believe Smith & Nephew would want to get into a bidding war with the "much-larger" Stryker. Further, Bijou is not sure that the "traditionally conservative" company would be willing to add the debt necessary to complete the deal.