Stryker Likely to Issue Dividend and 3 Stock Analyses Attract Investor Attention
Stryker Corp. (NYSE:SYK) is believed by RBC Capital to be the company in it covers that will most likely issue a special dividend. The firm is convinced that the company may potentially issue a special dividend of $2.63 per share, and it keeps its Outperform rating on the stock.
Myriad Genetics Inc. (NASDAQ:MYGN): According to JMP Securities, the Supreme Court’s decision to hear the court case involving Myriad Genetics is likely to create a major overhang on the stock, especially since the firm believes that the outcome has the potential to keep the company from patenting genes in the future. The firm argues that a decision like this may potentially have negative implications on the company’s various vertical markets, and it keeps its Sector Perform rating on the stock.
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Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX is believed by JMP Securities to have several “transformative catalysts” during 2013, and it keeps its Outperform rating and a $100 price target on the stock.
Lululemon Athletica Inc. (NASDAQ:LULU): Credit Suisse has stated that its checks suggest that lululemon’s Q3 showed solid demand and in-stock levels have shown a great deal of improvement. The firm continues to support the Q3 estimates, and it maintians its Outperform rating and $45 price target on the stock.
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