By Michael Bloom
Publication Date: 2025-12-19 13:22:00
Here are the biggest calls on Wall Street on Friday: Citizens JMP upgrades Stryker to market outperform from market perform Citizens says the medical technology company offers flawless execution. “We upgrade our rating on shares of Stryker Corporation from Market Perform to Market Outperform and establish a $440 price target.” KeyBanc initiates LivaNova as overweight Key says the med tech company is underappreciated. “We believe LIVN is in the midst of an underappreciated performance inflection, and see multiple sources of potential upside vs. expectations.” JPMorgan downgrades Lockheed Martin to neutral from overweight The bank says it sees too many headwinds for the defense contractor. “LMT has underperformed this year and perhaps we’ll regret not sticking with a less popular call for longer, but with our out-year cash flow estimates below consensus, we are moving to the sidelines.” UBS reiterates FedEx as buy UBS says it’s sticking with the stock following earnings on Thursday. “We continue to apply a 14x P/E to our CY2027E EPS of $22.46/share to derive our price target of $314. In our view, rising visibility to future margin improvement remains a key factor for FDX.” Morgan Stanley initiates Arthur J Gallagher at overweight Morgan Stanley sees “steady organic growth” for the insurance company. “Despite the decelerating commercial property pricing, contingent revenue, declining valuation, and other headwinds, Arthur J. Gallagher (AJG) should see steady organic growth…
