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Fly News Breaks for May 23, 2017
XRAY
May 23, 2017 | 05:34 EDT
Goldman Sachs analyst Robert Jones downgraded Dentsply Sirona to Sell and lowered his price target for the shares to $55 from $60. The company's growth outlook has moderated since the Sirona merger, Jones tells investors in a research note. Sales have fallen short of estimates and revenue synergies have yet to materialize, the analyst adds. He believes the growth outlook is not supportive of Dentsply's current valuation.
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