Barrington raised the firm’s price target on Henry Schein to $92 from $90 and keeps an Outperform rating on the shares. Despite a top-line miss, Schein delivered $1.10 in non-GAAP EPS, which “easily beat” the firm’s 98c expectation, says the analyst. Management affirmed its previous FY24 expectation of $5.00-$5.16 in non-GAAP EPS, though revenue growth guidance was slightly lowered to a range of 8%-10% from 8%-12% previously, the analyst noted.
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