Morgan Stanley Has Low Expectations for Sirona Dental Systems

In a report published Monday, Morgan Stanley analyst Steve Beuchaw reiterated an Overweight rating and $81.00 price target on

. In the report, Morgan Stanley noted, “Sirona has the most compelling lineup of practice-enabling technology for dentistry. Exclusive distribution alliances and an aggressive development pipeline create barriers to entry that insulate Sirona from new competition. Dental practice consolidation and the uptake of imaging technologies are supportive of the uptake of Sirona's signature CEREC systems.” Sirona Dental Systems closed on Friday at $74.70.