Baird raises its price target for Stryker (SYK +0.5% to $58.69) to $63 from $59 after the...

|About: Stryker Corporation (SYK)|By:, SA News Editor

Baird raises its price target for Stryker (SYK +0.5% to $58.69) to $63 from $59 after the company said Q4 earnings would come in above consensus. Baird, which rates Stryker at "Outperform," says the company's long-term earnings goals remain achievable and notes the solid organic growth in its orthopedic implants.