Stryker Makes $400 Million Robotic Surgery Bet
Stryker invests $400M in CMR Surgical to expand into soft-tissue robotics and secure exclusive U.S. sales rights for the Versius system.
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BTIG Maintains Buy on Stryker, Lowers Price Target to $316
BTIG analyst Ryan Zimmerman maintains Stryker (NYSE:SYK) with a Buy and lowers the price target from $358 to $316.
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Stryker Announces ~$400M Investment In CMR Surgical With Exclusive Option To Acquire 100%; To Be Exclusive U.S. Sales Agent For Versius Robots