Where Stryker Stands With Analysts
Portfolio Pulse from Benzinga Insights
Stryker (NYSE:SYK) has received 6 analyst ratings in the last quarter, with 3 bullish and 3 indifferent, and no bearish ratings. The average 12-month price target for Stryker is $322.83, with a high of $345.00 and a low of $297.00. This target has increased by 7.52% over the past month. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.
December 04, 2023 | 2:00 pm
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POSITIVE IMPACT
Stryker has a positive outlook from analysts with 3 bullish and 3 neutral ratings in the last quarter. The average price target has risen by 7.52% to $322.83, indicating potential upside.
The increase in the average price target and the absence of bearish ratings among analysts suggest a positive sentiment towards Stryker's stock. This could lead to short-term price appreciation as investors may react to the optimistic analyst outlook and upward revision in price targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100