Morgan Stanley Maintains Equal-Weight on Stryker, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Drew Ranieri maintains an Equal-Weight rating on Stryker (NYSE:SYK) and raises the price target from $345 to $350.
July 15, 2024 | 5:01 pm
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POSITIVE IMPACT
Morgan Stanley analyst Drew Ranieri maintains an Equal-Weight rating on Stryker and raises the price target from $345 to $350.
The raised price target from $345 to $350 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating a slight upward revision in the stock's valuation. However, the Equal-Weight rating suggests a neutral stance on the stock's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100