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Stock Market & Financial Investment News

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January 17, 2013
09:34 EDTSYKStryker acquisition positive, says Wells Fargo
After Stryker agreed to buy Trauson for $685M, Wells Fargo notes the deal gives Stryker a strong presence in the Chinese market. The firm thinks the acquisition price is reasonable and raised its valuation range on Stryker to $66-$68 from $62-$63 while maintaining an Outperform rating.
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