Wells Fargo initiated coverage of Henry Schein (HSIC) with an Equal Weight rating and $80 price target The stock’s risk/reward is balanced at current levels, and Wells prefer to remain on the sidelines given “potential noise” in 2025 around activist involvement, the analyst tells investors in a research note. The firm says Henry Schein has posted nine quarters of negative organic growth driven by challenging end markets.
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Read More on HSIC:
- Correction: Henry Schein previously upgraded at BofA on January 6
- Henry Schein double upgraded to Buy from Underperform at BofA
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