Citi upgrades Dentsply (XRAY) to Buy from Neutral: "We believe that Dentsply is an attractive...


Citi upgrades Dentsply (XRAY) to Buy from Neutral: "We believe that Dentsply is an attractive investment opportunity at its current price. We see upside to consensus through the restructuring of the implant manufacturing and potential for further acquisitions as the balance sheet improves." Citi advocates buying Straumann (SAUHF.PK, SAUHY.PK) and selling Noble (NBHGY.PK, NBHGF.PK), saying XRAY and Straumann are position to adopt a dual-brand model, Noble less so.

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