Stryker shares plunge 8.9% as Wells Fargo cuts price target to $348
AI Summary- Stryker shares fell 8.9% Wednesday after Wells Fargo lowered its price objective to $348.
- Stryker reached a 52-week low of $275.10 before closing at $276.16.
- Wells Fargo projected 2026 revenue of $27,209 million, below Stryker’s guidance range for organic growth.