Piper Sandler raised the firm’s price target on Envista (NVST) to $19 from $17 and keeps a Neutral rating on the shares. The firm notes the company reported Q2 results, including revenue of $682M that easily beat the Street’s $640M, aided in part by a normalization of demand against easy prior year comps and contributions from a weaker U.S. dollar, but the breadth of strength across segments and geographies was still a relief for dental investors in the wake of the more guarded demand commentary from peer Align Technology (ALGN).
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