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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Read More on NVST:
- Envista price target lowered to $15 from $18 at Mizuho
- Envista price target lowered to $16 from $19 at Morgan Stanley
- Envista price target lowered to $21 from $23 at UBS
- Envista price target lowered to $19 from $21 at Wells Fargo
- Positive Outlook for Envista Holdings: Strategic Growth and Strong Brand Drive Buy Rating
