Mizuho lowered the firm’s price target on Align Technology (ALGN) to $210 from $245 and keeps an Outperform rating on the shares post the Q2 report. Despite the company hosting an upbeat analyst meeting in May, it noted that June trends fell short of expectations, the analyst tells investors in a research note. The firm reduced growth estimates post the earnings report.
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Read More on ALGN:
- Hold Rating Maintained on Align Tech Amid Revenue Shortfall and Market Shifts
- Align Tech Faces Challenges: Sell Rating Due to Underperformance and Revised Guidance
- Align Technology downgraded to Equal Weight from Overweight at Morgan Stanley
- Align Technology Reports Mixed Q2 2025 Results
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