Morgan Stanley Maintains Equal-Weight on Stryker, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Drew Ranieri has maintained an Equal-Weight rating on Stryker (NYSE:SYK) and increased the price target from $300 to $320.
December 04, 2023 | 1:14 pm
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POSITIVE IMPACT
Morgan Stanley has raised the price target for Stryker to $320 while maintaining an Equal-Weight rating.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on the stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100