Market Overview

UPDATE: Stifel Nicolaus Raises PT to $76 on Sirona Dental Systems Following Omnicam Survey

Related SIRO
Earnings Scheduled For August 8, 2014
Can Edwards Lifesciences (EW) Surprise Q2 Earnings Estimates?

Stifel Nicolaus maintained Sirona Dental Systems (NASDAQ: SIRO) with a Buy rating and raised the price target from $72.00 to $76.00.

Stifel Nicolaus said, "[W]we surveyed 106 U.S. dentists, of which 95 are active CEREC providers. Our findings focus on Sirona's Omnicam, U.S. patient volumes and any impact on dental equipment from year-end tax purchasing. … Investors are excited about Omnicam's near-term positive impact on new CEREC users. Today's work shows there are additional catalysts that lurk around the corner, notably the Omnicam upgrade cycle. Sirona remains one of favorite names."

Sirona Dental Systems closed at $68.82 on Tuesday.

Latest Ratings for SIRO

Jun 2014JefferiesMaintainsBuy
May 2014Cantor FitzgeraldMaintainsBuy
May 2014JefferiesMaintainsBuy

View More Analyst Ratings for SIRO
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Price Target Intraday Update Analyst Ratings


Related Articles (SIRO)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters