Goldman Sachs Downgrades Henry Schein (HSIC) to Neutral

August 9, 2011 8:17 AM EDT
Get Alerts HSIC Hot Sheet
Price: $89.77 -0.39%

Rating Summary:
    17 Buy, 11 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Henry Schein (NASDAQ: HSIC) from Buy to Neutral with a price target of $70 (down from $80).

The firm said over the near-term "investors will look past the company's current results to the potential impact of negative global economic trends where we have seen strong historical relationships with dental expenditures."

For more ratings news on Henry Schein click here and for the rating history of Henry Schein click here.

Shares of Henry Schein closed at $60.07 yesterday.


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