Barrington lowered the firm’s price target on Dentsply Sirona to $36 from $38 and keeps an Outperform rating on the shares. The firm notes Dentsply Sirona’s second quarter results were somewhat weaker than it had modeled. The company missed Barrington’s revenue estimate by about 2.5%, fell short of its adjusted EPS expectation by 1c, and was just $1M light of adjusted EBITDA estimate, coming in at $173M. The company also slightly reduced both its top-line and bottom-line guidance for full year 2024, the firm adds.
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