Loading...
Loading...
In a report published Monday, Jefferies reiterated its Buy rating on Sirona Dental Systems
SIRO, and raised its price target from $71.00 to $80.00.
Jefferies noted, “SIRO's fiscal-1Q13 (Dec) adj. EPS of $0.94 dusted the consensus view (+$0.09) on modest core revenue upside and dramatically better profitability. We are raising our FY13 EPS forecast to $3.45 (from $3.40) on the 1Q13 dynamic. Our price target moves to $80 (from $71) on higher cash flow forecasts.”
Sirona Dental Systems closed on Friday at $69.47.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in