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Stryker price target raised to $456 from $405 at Roth Capital

Roth Capital raised the firm’s price target on Stryker (SYK) to $456 from $405 and keeps a Buy rating on the shares. The company’s Q1 earnings quality was good with strong gross margins, while the management’s stronger organic sales outlook, operating leverage, and better than expected FX easily offset an expected $200M impact from tariffs in 2025, the analyst tells investors in a research note.

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