11 C
New York
Friday, May 10, 2024
HomeMarkets
Markets

Morgan Stanley Remains Positive On Stryker Corporation

By Insider Scoop
0
7
psw-placeholder
psw-placeholder

Courtesy of Benzinga.

Related SYK
Morgan Stanley Has Critical Questions For Stryker Corporation Going Into Investor Day
Top 4 NYSE Stocks In The Medical Appliances & Equipment Industry With The Highest Revenue

In a report published Thursday, Morgan Stanley analyst David R. Lewis reiterated an Overweight rating and $91.00 price target on Stryker Corporation (NYSE: SYK).

In the report, Morgan Stanley noted, “We approached the analyst day looking for a commitment to leverage and improving M&A returns and left mostly satisfied. There was no commentary on SNN given UK takeover rules, but we remain unconvinced SNN can drive appropriate returns for shareholders at this time.”

Stryker Corporation closed on Wednesday at $83.94.

Latest Ratings for SYK

Date Firm Action From To
Aug 2014 Needham Upgrades Buy
Jul 2014 Citigroup Maintains Neutral
Jul 2014 Barclays Maintains Equal-weight

View More Analyst Ratings for SYK
View the Latest Analyst Ratings

Posted-In: David R. Lewis Morgan StanleyAnalyst Color Reiteration Analyst Ratings

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,239FansLike
396,312FollowersFollow
2,300SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2024
0
Would love your thoughts, please comment.x
()
x