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Align Technology price target raised to $340 from $285 at Stifel

Stifel raised the firm’s price target on Align Technology to $340 from $285 and keeps a Buy rating on the shares after the company delivered Q4 revenue upside and a “solid EPS beat.” Management provided 2024 guidance that matched the thesis from the firm’s outlook report and as a result, the stock appears poised to react favorably in the near-term, the analyst added.

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