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home / news releases / NVST - Envista Holdings: Rating Downgrade To Hold As Earnings Growth Is Going To Be Weak

NVST - Envista Holdings: Rating Downgrade To Hold As Earnings Growth Is Going To Be Weak

Envista Holdings

2024-02-13 22:30:24 ET

Summary

  • I downgraded my buy rating on Envista to a hold rating due to concerns about the company's ability to grow earnings.
  • Envista reported a decline in core revenue and a decrease in margin performance, leading to disappointing earnings results.
  • I believe that near-term margin performance will remain weak and that there are no visible catalysts to drive positive sentiment in the stock.

Summary

For further details see:

Envista Holdings: Rating Downgrade To Hold As Earnings Growth Is Going To Be Weak
Stock Information
Company Name: Envista Holdings
Stock Symbol: NVST
Market: NYSE
Website: envistaco.com
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