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Fly News Breaks for January 14, 2020
SDC
Jan 14, 2020 | 10:34 EDT
SmileDirectClub (SDC) this morning said it will start offering its clear aligners through the wholesale channel and sell to dentists and orthodontists rather than just directly to the consumer, Stifel analyst Jonathan Block tells investors in a research note. The company's wholesale initiative, if successful, would offer "largely incremental" revenue to its current direct-to-consumer model, contends the analyst. He keeps a Buy rating on SmileDirectClub with a $17 price target.
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