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Soleil Securities Initiates Coverage on Patterson Companies (PDCO) with a Buy

August 27, 2009 8:13 AM EDT
PDCO Hot Sheet
Rating Summary:
    1 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Soleil Securities initiates coverage on Patterson Companies (Nasdaq: PDCO) with a Buy. Price target $34.50.

Soleil analyst says, "The long-term fundamentals of the dental, veterinary and rehabilitation markets are strong, in our view. PDCO's businesses hold strong competitive positions in their markets due to their full-service, single-source capabilities and established reputations for quality service. The company has also implemented aggressive marketing programs and has strong cash flow from operations which has provided the company the ample resources for supporting its various growth initiatives."

To see more analyst ratings on PDCO Click Here.

Patterson Companies, Inc. operates as a distributor serving dental, companion-pet veterinarian, and rehabilitation supply markets in the United States and Canada.

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