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Stryker keeps market perform rating from JMP
Stryker Corp. was maintained at market perform by JMP Securities analyst Robert C. Faulkner on questions about OP-1 and whether the trial hit its endpoint. JMP did not change its 2006 earnings-per-share estimate but did adjust downward its 2007 earnings-per-share estimate to $2.42, from $2.51. Shares of the Kalamazoo, Mich., medical instrument company were up $1.58, or 3.59%, at $45.58 on volume of 5,263,100 shares versus the three-month running average of 1,641,270 shares. (NYSE: SYK)
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