Leerink analyst Michael Cherny raised the firm’s price target on Henry Schein (HSIC) to $75 from $71 and keeps a Market Perform rating on the shares. A “clean beat” in Q3 is driving “a deserved stock price uptick,” but the firm still struggles “to give a rational for why the stock should break out to the upside from what’s been a fairly defined range,” the analyst tells investors in a post-earnings note.
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