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Envista price target lowered to $23 from $26 at BofA

BofA lowered the firm’s price target on Envista (NVST) to $23 from $26 and keeps a Buy rating on the shares. The focus on Q1 earnings should be on sequential trends in the U.S. implant business, Spark profitability, margin progress, and any impact to the China business, the analyst tells investors in a preview. Ahead of earnings, the firm lowered its Q1 and FY25 revenue and EBITDA estimates.

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