Citigroup Maintains Buy on Stryker, Raises Price Target to $362
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Joanne Wuensch has reaffirmed a Buy rating on Stryker (NYSE:SYK) and increased the price target from $340 to $362, indicating a positive outlook on the company's stock.
January 31, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup analyst Joanne Wuensch maintains a Buy rating on Stryker and raises the price target from $340 to $362, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Joanne Wuensch from Citigroup typically indicates a strong conviction in the company's growth prospects and financial health. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100