TD Cowen Maintains Buy on Stryker, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joshua Jennings maintains a Buy rating on Stryker (SYK) and raises the price target from $365 to $400, indicating a positive outlook on the company's stock.
April 11, 2024 | 3:57 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
TD Cowen raises Stryker's price target to $400 and maintains a Buy rating, showing strong confidence in the company's future performance.
The increase in price target by a reputable analyst firm like TD Cowen typically signals a strong bullish outlook on the stock, suggesting that the analyst sees potential for significant growth or positive developments in the company's future. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100