Dentsply Sirona price target lowered to $32 from $35 at Piper Sandler

Piper Sandler lowered the firm’s price target on Dentsply Sirona to $32 from $35 and keeps a Neutral rating on the shares following the Q1 report. The sales miss can be traced to a handful of factors, most of which are macro-related, but these items and currency are contributing to management now pointing to the lower-end of its organic growth and earnings guidance ranges, the analyst tells investors in a research note.