Barrington lowered the firm’s price target on Dentsply Sirona to $38 from $41 and keeps an Outperform rating on the shares after the company updated FY24 financial guidance and affirmed the company’s previous expectation of $2.00-2.10 in adjusted EPS, but now at the lower end of the range. The firm now expects $2.02 in adjusted EPS on $3.92B in revenue, down from $2.08 and $3.99B, respectively, that it previously forecast.
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- Dentsply Sirona still sees FY24 adjusted EPS $2.00-$2.10, consensus $2.06
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