Piper Sandler Downgrades Envista Holdings to Neutral, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Jason Bednar has downgraded Envista Holdings (NYSE:NVST) from Overweight to Neutral and lowered the price target from $39 to $25.
November 02, 2023 | 12:29 pm
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NEGATIVE IMPACT
Envista Holdings has been downgraded from Overweight to Neutral by Piper Sandler, with a lowered price target of $25.
The downgrade from Overweight to Neutral by Piper Sandler, along with a significant reduction in the price target, indicates a less optimistic outlook for Envista Holdings. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100