BofA Lowers Stryker's Price Target Amid Concerns Over Medtech Sector Outlook
Bank of America has reduced its price target on Stryker (SYK) to $380 from $450, citing a softer healthcare utilization environment and increased inflationary pressures. The firm maintains a 'Buy' rating but expresses caution over the medtech sector's growth potential in 2027.
Tickers: $SYK
Topics: medical technology price target change stock analysis