Stryker price target raised to $435 from $425 at RBC Capital

RBC Capital raised the firm’s price target on Stryker (SYK) to $435 from $425 and keeps an Outperform rating on the shares. The company delivered a strong exit to 2024, beating Q4 consensus estimates, and issued strong initial 2025 guide for organic sales, margins, and EPS growth, the analyst tells investors in a research note. RBC adds that following the earnings call, it is bullish on Stryker’s durability of growth and trajectory for operating margin expansion and EPS growth.