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Stryker price target raised to $405 from $381 at Wells Fargo
The Fly

Stryker price target raised to $405 from $381 at Wells Fargo

Wells Fargo raised the firm’s price target on Stryker (SYK) to $405 from $381 and keeps an Overweight rating on the shares. The firm notes Q3 sales and EPS beat expectations, and 2024 guidance was narrowed from 9.0%-10.0% to 9.5%-10.0% organic sales growth and EPS was also narrowed from $11.90-$12.10 to $12.00-$12.10.

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