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Fly News Breaks for October 14, 2019
NVST
Oct 14, 2019 | 06:51 EDT
JPMorgan analyst Tycho Peterson initiated coverage of Envista with an Overweight rating and $32 price target. Envista is a leading dental products company with "significant" market positions in some of the most attractive segments of the dental products industry, including implants, orthodontics and digital imaging technologies, Peterson tells investors in a research note. The analyst believes upside potential from execution and acquisitions, plus Envista's "superior" cash flow conversion, supports multiple expansion.
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