Market Overview

UPDATE: Morgan Stanley Raises Price Target on Sirona Dental Systems to $54


According to Morgan Stanley, Sirona Dental Systems (NASDAQ: SIRO) price target is raised to $54.

Morgan Stanley said that Sirona delivered 10% growth on a 16% comp despite macro pressure, supporting our view that guidance is conservative. “We raise our target price to $54 from $49 and expect guidance increases in '12 to highlight acceleration into '13.”

Sirona Dental Systems closed on Friday at $47.94.

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings


Related Articles (SIRO)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→