Truist Securities Maintains Hold on Stryker, Raises Price Target to $310
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Richard Newitter maintains a 'Hold' rating on Stryker (NYSE:SYK) and raises the price target from $300 to $310.
July 19, 2023 | 1:55 pm
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Truist Securities maintains a 'Hold' rating on Stryker and raises the price target from $300 to $310.
The news is directly related to Stryker (SYK) as Truist Securities maintains a 'Hold' rating on the company and raises the price target. This suggests that the analyst sees potential in the company but also some risks, hence the 'Hold' rating. The increase in price target could lead to a positive sentiment among investors, but the impact on the stock price in the short term is uncertain due to the 'Hold' rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100