Deutsche Bank Maintains Hold Rating of Stryker and Zimmer


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As the market becomes highly focused on monthly trends in an effort to understand whether things are getting better or getting worse, Deutsche Bank says that it is maintaining its Hold rating of Stryker Corporation (NYSE: SYK) and Zimmer Holdings, Inc. (NYSE: ZMH).“We see some topline risk for Stryker (ortho business) and Zimmer,” Deutsche Bank writes. “We note, however, Stryker did reaffirm it full year overall sales and earnings guidance in early September and commented it was comfortable with Street expectations for 3Q.”Stryker currently trades for $49.05; Zimmer trades for $51.46.Medtronic, Inc. (NYSE: MDT), which was also mentioned the report, has been given a Buy rating and currently trades for $33.41.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst RatingsDeutsche BankHealth CareHealth Care EquipmentMedtronicstrykerzimmer holdings