Information Provided By:
Fly News Breaks for March 24, 2016
XRAY
Mar 24, 2016 | 08:26 EDT
As previously reported, Morgan Stanley downgraded Dentsply to Equal Weight from Overweight. Analyst Steve Beuchaw is becoming more cautious on growth and sees limited upside following recent multiple expansion. The analyst expects difficult comps for the legacy Sirona business, a drag on growth from the phase-out of unprofitable lab products, and a slowing in European and emerging markets.