Truist Securities Maintains Hold on Stryker, Raises Price Target to $345-Report Released on 30 January 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Richard Newitter has maintained a Hold rating on Stryker (NYSE:SYK) and increased the price target from $330 to $345 as reported on January 30, 2024.
January 31, 2024 | 7:42 pm
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Truist Securities analyst Richard Newitter maintains a Hold rating on Stryker but raises the price target from $330 to $345.
The increase in price target by Truist Securities suggests a positive outlook on Stryker's future performance, but the Hold rating indicates that the analyst does not see significant short-term price movement. The adjustment in price target may lead to a mild positive investor sentiment, but since the rating remains a Hold, it is unlikely to cause a significant short-term price change.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100