Baird analyst Jeff Johnson raised the firm’s price target on Align Technology to $335 from $260 and keeps an Outperform rating on the shares. The analyst said 4Q case volumes improved sequentially for the first time since 2Q 2021, management pointed to "more stable" NA/EU end markets, and 1Q revenue was guided above us/Street.
Published first on TheFly
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Read More on ALGN:
- Align Technology price target raised to $360 from $255 at Piper Sandler
- Align (NASDAQ:ALGN) Stock: Here’s What Caused the Rally
- Align Technology board authorizes $1B buyback to succeed current program
- Align Technology reports Q4 EPS $1.73, consensus $1.56
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