Goldman Sachs Starts Sirona Dental (SIRO) at Conviction Buy

April 13, 2011 6:57 AM EDT
Get Alerts SIRO Hot Sheet
Price: $109.97 --0%

Rating Summary:
    6 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs initiates coverage on Sirona Dental (NASDAQ: SIRO) with a Conviction Buy list rating and $61 price target, suggesting 21% upside.

The firm cited: "(1) improving demand for high-tech capital equipment which should drive upside from current expectations and (2) continuous product innovation in under-penetrated markets including the recent launch of its new 2D/3D combination imaging system (Orthophos XG)."

For more ratings news on Sirona Dental click here and for the rating history of Sirona Dental click here.

Shares of Sirona Dental closed at $51.44 yesterday.


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