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Fly News Breaks for August 22, 2017
PDCO
Aug 22, 2017 | 09:33 EDT
Cleveland Research analyst Rob Eich said Patterson Companies fundamentals remain soft due to salesforce execution and morale, management attrition and turnover, CEREC end-user sales seem to gotten incrementally worse, and execution appears to have been negatively impacted by CEREC distribution change and SAP implementation. The analyst sees risk to FY18 consensus estimates and maintains a Neutral rating.
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