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Stryker price target raised to $410 from $408 at BTIG

BTIG analyst Ryan Zimmerman raised the firm’s price target on Stryker (SYK) to $410 from $408 and keeps a Buy rating on the shares. The company delivered solid diversified results in Q3 with revenue of $6.06B, up 10.3% y/y and above/in-line with BTIG/Street estimates as Orthopedics offset some softer spots in MedSurg and Neurotechnology, the analyst tells investors in a research note.

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