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Stryker initiated with a Neutral at Goldman Sachs

Goldman Sachs analyst David Roman initiated coverage of Stryker with a Neutral rating and $372 price target. The firm expects Stryker to continue to execute its strategy to achieve revenue growth at the high-end of medical technology. However, its positive outlook on Stryker’s fundamentals outlook and confidence in management’s execution is balanced against a view that consensus estimates well captures the earnings trajectory of the business.

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