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UBS Adjusts Stryker Price Target to $400 From $386, Maintains Neutral Rating
UBS has increased its price target for Stryker (SYK) to $400 from $386, while reiterating a Neutral rating on the stock. This adjustment comes as Stryker, a leading medical equipment manufacturer, continues to operate in the medical surgery, neurotechnology, and orthopaedics sectors. The company recently launched new products, including Synchfix?? EVT and the T2 Alpha Humerus Nailing System.