Dentsply Int'l (XRAY) Tops Q3 EPS by 3c; Boosts FY16 EPS Outlook

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UBS Raises Price Target on Dentsply Int'l (XRAY) to $67; Reiterates Neutral

November 7, 2016 7:30 AM EST

UBS reiterated a Neutral rating on DENTSPLY International (NASDAQ: XRAY), and raised the price target to $67.00 (from $64.00), following the company's 3Q earnings report. The miss on the top-line relative to consensus was a result of a change in dealer buying patterns where the company received fewer orders than usual ahead of its annual October price increases. The bottom end of EPS... More