Evercore ISI downgraded Dentsply Sirona (XRAY) to In Line from Outperform with a $20 price target The firm is moving to the sidelines as it awaits a more visible path toward a return to market growth given the continuity of Byte still to be determined, a “somewhat sluggish” implant and equipment turnaround story and the German tax overhang, the analyst tells investors. The firm assumes Byte remains suspended and sees about flat implant organic growth in FY25, the analyst added.
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Read More on XRAY:
- Dentsply Sirona price target lowered to $23 from $30 at Morgan Stanley
- Shareholder Alert for Dentsply Sirona, Inc. (NASDAQ:XRAY)
- GE Vernova initiated, Merck upgraded: Wall Street’s top analyst calls
- Dentsply Sirona initiated with a Neutral at Mizuho
- Patterson Companies initiated with a Neutral at Mizuho
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