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Standpoint Research Upgrades Stryker (SYK) to Buy

August 5, 2011 11:40 AM EDT
Get Alerts SYK Hot Sheet
Price: $313.68 +1.19%

Rating Summary:
    32 Buy, 13 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 4 | Down: 8 | New: 54
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Standpoint Research upgraded Stryker (NYSE: SYK) to Buy with a price target of $60.00. Upside: 22.4%; dividend yield: 1.4%. Fwd P/E: < 12X.

The firm said, "We are basically betting here that each of these names will go back to near where they were when they were downgraded (in the next 12-18 months).

For more ratings news on Stryker click here and for the rating history of Stryker click here.

Shares of Stryker closed at $49.65 yesterday.


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