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Fly News Breaks for March 1, 2018
PDCO
Mar 1, 2018 | 12:35 EDT
As previously reported, Evercore ISI analyst Ross Muken downgraded Patterson Companies to Underperform from In Line following quarterly results. The analyst believes that given the uncertainty surrounding dental sales and underlying margin stability, it is hard to get any degree of comfort around the longer-term earnings power of the business. Muken also lowered his price target on the shares to $24 from $38.50.
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