Leerink Partners Stick to Their Buy Rating for Stryker Corporation By Investing.com – Investing.com

Leerink Partners analyst Richard Newitter maintained a Buy rating on Stryker Corporation (NYSE:) on Wednesday, setting a price target of $290, which is approximately 10.42% above the present share price of $262.63.

Newitter expects Stryker Corporation to post earnings per share (EPS) of $0.80 for the second quarter of 2021.

The current consensus among 20 TipRanks analysts is for a Moderate Buy rating of shares in Stryker, with an average price target of $277.The analysts price targets range from a high of $303 to a low of $248.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.95 billion and a net profit of $465 million. The company's market cap is $98.83 billion.

According to TipRanks.com, Leerink Partners analyst Richard Newitter is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.1% and a 70.43% success rate.

Michigan-based Stryker Corp. was founded in 1941. The company provides medical technology products and services. It operates its business through the following segments: Orthopaedics, MedSurg and Neurotechnology and Spine.

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Leerink Partners Stick to Their Buy Rating for Stryker Corporation By Investing.com - Investing.com