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Alecta Tjanstepension Omsesidigt Boosts Stock Holdings in Stryker Corporation $SYK
Alecta Tjanstepension Omsesidigt increased its stake in Stryker Corporation by 6.4% in the fourth quarter, bringing its total holdings to 487,500 shares valued at approximately $171.3 million. Despite Stryker missing Q4 earnings and revenue expectations, analysts maintain a “Moderate Buy” consensus rating with an average target price significantly above its current trading price. The company’s institutional ownership stands at about 77.09%, reflecting strong investor interest despite recent underperformance.