Patterson Cos. (PDCO) Misses Q2 EPS by 4c; Guides Lower
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Patterson Companies (PDCO) PT Lowered to $39 at Evercore ISI
November 22, 2016 12:32 PM ESTEvercore ISI analyst Ross Muken lowered estimates and his price target on Patterson Companies (NASDAQ: PDCO) to $39 (from $46) following weak results and outlook.
Muken commented, "PDCOs steep correction today post challenging results and the surprising SIRO news seems sensible to us, assuming management has a handle on the market slowdown and the transition to multiple technologies vs. CEREC exclusively... More
