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Fly News Breaks for February 19, 2019
HSIC
Feb 19, 2019 | 08:39 EDT
Craig-Hallum analyst Kevin Ellich lowered his price target for Henry Schein to $72 from $96 ahead of quarterly results. While the analyst expects the company to report "solid" Q4 results that meet or slightly beat consensus, he believes investors will primarily be focused on FY19 guidance following the spin-off of the animal health business, capital allocation priorities, and management's updated strategy to drive long-term growth and shareholder value. Ellich reiterates a Buy rating on the shares.
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