Stryker Stock Surges to 10th Consecutive Gain Despite Trading Volume Decline

Generado por agente de IAAinvest Market Brief
lunes, 5 de mayo de 2025, 7:48 pm ET1 min de lectura
SYK--

On May 5, 2025, Stryker's trading volume reached $616 million, marking a 55.59% decrease from the previous day. The stock closed at $378.60, reflecting a 0.83% increase, marking the tenth consecutive day of gains, with a total increase of 12.30% over the past ten days.

Stryker's first-quarter earnings report showed strong segmental performance, with earnings per share (EPS) of $2.84, surpassing analysts' estimates of $2.73. However, the company's 2025 EPS outlook was revised downward, leading to a decline in stock price despite the positive earnings report.

UBS analyst Danielle Antalffy raised the price target for StrykerSYK-- shares to $421 from $405, maintaining a positive outlook on the stock. Meanwhile, EvercoreEVR-- ISI lowered its price target to $390 from $400, reflecting a more cautious stance. Roth Mkm also increased its price target to $456 from $405, suggesting a potential upside of 20.44% from the previous close.

Several other research firms have also issued reports on Stryker, with a consensus rating of "Moderate Buy" and an average price target of $426.53. The company's strong financial performance and positive analyst ratings indicate a bullish outlook for the stock.

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