ZimVie: Focusing On Higher Growth Dental Business (Rating Upgrade)

sorn340/iStock via Getty Images In June, I downgraded ZimVie Inc. (NASDAQ:ZIMV) to a hold, based on the company's elevated valuation and deteriorating fundamentals. For a while, my cautious stance appeared to be the right call, as ZimVie struggled to return its businesses to growth, and the stock languished, falling to $7 a share or more than 40% below my June downgrade (Figure 1).   Figure 1 - ZIMV performance since last article (Seeking Alpha) However, since reporting Q3 results on November 1st, ZimVi ...