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Fly News Breaks for September 14, 2015
XRAY
Sep 14, 2015 | 08:34 EDT
As previously reported, Morgan Stanley upgraded Dentsply to Overweight from Equal Weight and increased its price target to $70 from $56. Analyst Steve Beuchaw said Dentsply's benefits working capital optimization is underappreciated and raised its free-cash-flow yield to the highest under coverage due to a greater focus on efficiency and execution. Beuchaw expects improved organic growth and capital deployment as catalysts to drive shares higher.
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