Stryker (NYSE:SYK) to Boost Earnings on Acquisitions, Portfolio

Stryker (NYSE:SYK) reported earnings inline with guidance and expectations, and is poised for a solid earnings performance in 2011.

The company said their earnings will be generated by their diversified portfolio and acquisitions they recently made.

Susquehanna introduced their full year 2012 EPS and revenue estimates for Stryker at $4.12 and $8.7 billion.

They reiterate their "Positive" rating on Stryker, which closed Wednesday at $57.35, losing $1.02, or 1.75 percent. Susquehanna raised their price target on Stryker from $63 to $70.