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

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.
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