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Stryker price target raised to $415 from $410 at Truist

Truist raised the firm’s price target on Stryker (SYK) to $415 from $410 and keeps a Hold rating on the shares. The company delivered another solid double-digit revenue and EPS beat and raise, and while there were some “small nits to pick” around NARI destocking, softer knee growth, and longer than expected Medical supply constraints, these are seen as “transient”, the analyst tells investors in a research note.

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