Dentsply Int'l (XRAY) Reports In-Line Q2 EPS, Sales Miss; Guides EPS Below the Street

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DENTSPLY International (XRAY) PT Lowered to $66 at Stifel

August 10, 2017 7:21 AM EDT

Stifel lowered its price target on DENTSPLY International (NASDAQ: XRAY) to $66.00 (from $70.00) while maintaining a Buy rating. Dentsplys results disappointed and the 2017 EPS revision (midpoint lowered by $0.15 to $2.70) was greater than anticipated. Weak 2Q17 results reflected only modest inventory normalization, which when coupled... More