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Dentsply Sirona initiated with a Neutral at Mizuho

Dentsply Sirona initiated with a Neutral at Mizuho

Mizuho initiated coverage of Dentsply Sirona (XRAY) with a Neutral rating and $21 price target Dentsply Sirona has historically benefitted from its research and development innovation, which may continue with the recent launch of Primescan 2, the analyst tells investors in a research note. However, the firm believes Dentsply is witnessing economic-related softness in both its dental consumables and equipment franchises, and points out the company also has recently voluntarily temporarily suspended its Byte clear aligner franchise.

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