Stifel analyst Jonathan Block lowered the firm’s price target on Align Technology (ALGN) to $275 from $285 and keeps a Buy rating on the shares. Q3 “offered few surprises,” but revenue fell “modestly below consensus,” notes the analyst, who expects the Street to prune 2025 top-line estimates following the report. However, the stock was weak into the print and at about 20-times the firm’s 2025 EPS estimate, “additional downside could prove limited,” the analyst added.
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