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In a report published Monday, Morgan Stanley analyst David R. Lewis reiterated an Overweight rating and $91.00 price target on
Stryker CorporationSYK.
In the report, Morgan Stanley noted, “We remain Overweight on Stryker, but recent actions run counter to the company's stated strategy. Heading into the analyst meeting, we are looking for increased clarity on M&A return targets, commitment to leverage, and the rationale for SNN.”
Stryker Corporation closed on Friday at $83.46.
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