Truist cuts Stryker price target to $310, sees low-risk CEO transition
Truist lowered its price target on Stryker Corp. (SYK) shares to $310 from $340 while maintaining a 'Hold' rating. The firm's analyst indicated that the planned CEO transition is expected to be low-risk.
Stryker Corp. (SYK) stock drew attention on Tuesday after Truist cut its price target on the shares to $310 from $340 and kept a 'Hold' rating. According to TheFly, the analyst said the planned CEO transition is expected to be low-risk, while management commentary from September investor…