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SYK - Wright Medical cut at Jefferies as higher bid looks unlikely
Stryker Corporation
Wright Medical Group (NASDAQ:WMGI) is downgraded to Hold from Buy with a $30.75 price target at Jefferies, which believes the company is unlikely to receive a "significantly" higher bid than Stryker's (NYSE:SYK) $30.75/share offer.
More news on: Wright Medical Group N.V., Stryker Corporation, Smith & Nephew plc, Healthcare stocks news,