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Stock impact report

UBS Revises Stryker Corporation (SYK) Outlook, Reduces Price Target but Keeps Neutral [Yahoo! Finance]

Stryker Corporation (SYK) 
Last stryker corporation earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: stryker.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
TheFly reported on March 17 that UBS revised its outlook on SYK and reduced the price target from $400 to $380 while retaining a Neutral rating on the stock. Additionally, a cyberattack that affected Stryker Corporation (NYSE:SYK)'s operations earlier this month, on March 18, caused delays in some surgeries that depend on custom implants. The business affirmed that efforts are being made to restore the impacted systems and underlined that all products are still safe for patients. Patient-specific treatments had to be rescheduled as a result of the brief outage, which affected the company's capacity to offer customized inventory. According to a spokeswoman, the disruptions were restricted to situations that needed specialized equipment, and efforts are being made to reduce future delays. UBS Revises Stryker Corporation (SYK) Outlook, Reduces Price Target but Keeps Neutral As of March 26, SYK has successfully restored its electronic ordering system and resumed the majority of its Show less Read more
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