Bank of America Merrill Lynch Reports SYK Top Line Strong

Bank of America Merrill Lynch has released a report this morning on Stryker Corp's SYK strong top line. According to the report, "SYK reported a 200 bp sequential acceleration in organic constant currency top line growth during Q2 to just under 6% growth up from 4% in Q1. There were some puts and takes, but SYK's top line outlook looks to be solidly in the mid single digits." SYK has a Neutral Rating and a $68 Price Objective. SYK closed yesterday at $59.16 a share.