Where Stryker Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Stryker (NYSE:SYK) received 1 bullish, 3 somewhat bullish, and 2 indifferent ratings from analysts. The company's average 12-month price target is $315.83, an increase of 4.17% from the previous average of $303.20. Analysts determine these ratings based on the company's predicted future earnings and the predictability of its revenue streams.
August 07, 2023 | 6:00 pm
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POSITIVE IMPACT
Stryker received mostly bullish ratings from analysts, with an increased 12-month price target. This could potentially boost investor confidence and positively impact the stock price in the short term.
Analyst ratings are a significant factor that investors consider when making investment decisions. The mostly bullish ratings and increased price target for Stryker indicate a positive outlook for the company, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100