Stryker Target Raised After Q4 Results and 3 Stock Analyses Attracting Attention
Stryker Corp. (NYSE:SYK): Current Price: $63.01
Stryker’s price target has been increased by Baird after its Q4 results. This increase is to reflect the improving end market demand in the orthopedic market, increased market share, and new product launches. The firm gives the stock an Outperform rating.
McKesson Corporation (NYSE:MCK): Current Price: $105.70
The company’s price target has been increased by Baird after its Q2 results, due to the company’s raised guidance, the addition of its acquisition of PSSI, and multiple expansion. The firm gives the stock an Outperform rating.
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General Dynamics Corp. (NYSE:GD): Current Price: $70.76
According to Cowen, General Dynamics Q4 results were a “deck cleaning” which now places the company on a more conservative basis. Cowen views the guidance as conservative but will allow the new CEO to focus on improving execution and cash deployment. The firm gives the stock an Outperform rating.
Swift Transportation Company (NYSE:SWFT): Current Price: $13.00
Stifel Nicolaus has decided to raise its target on Swift Transportation following the company’s reports of higher adjusted Q4 EPS than predicted. The firm still names the stock as a Best Idea and keeps its Buy rating.
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