UPDATE: Cantor Fitzgerald Reiterates Buy Rating, Raises PT on Sirona Dental Systems
In a report published Monday, Cantor Fitzgerald reiterated its Buy rating on Sirona Dental Systems (NASDAQ: SIRO), and raised its price target from $72.00 to $75.00.
Cantor Fitzgerald noted, “We highlight key takeaways from our recent meeting with Sirona management and provide a model update to reflect more accurately the flow of revenues and EPS during FY:13. Undaunted by recent strength in the stock, we continue to rate Sirona as our top mid-cap pick for 2013. Our price target goes from $72 to $75.”
Sirona Dental Systems closed on Friday at $67.92.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.