Envista rises on JPMorgan upgrade ahead of its investor day
-5.13% to $23.69 from $24.97
What moved NVST
- JPMorgan upgraded Envista to Overweight from Neutral and raised its price target to $32 from $29 ahead of the company’s September 17 investor day
- Analyst Lilia-Celine Lozada cited improved execution and a more durable organic-growth algorithm that she said has not been fully reflected in the stock’s valuation
- Shares rose in premarket trading ahead of Thursday’s investor day, where management was expected to lay out a medium-term growth framework
Sources: Seeking Alpha · Yahoo Finance · Investing.com