Jefferies analyst Brandon Couillard raised the firm’s price target on Align Technology to $400 from $367 and keeps a Buy rating on the shares. Q2 surveys “got it wrong, again” as Align posted “solid upside on most” key performance indicators, or KPIs, and guided to second half results above consensus, the analyst tells investors in a post-earnings note.
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Read More on ALGN:
- Align Technology price target raised to $415 from $370 at Piper Sandler
- Align Technology (NASDAQ:ALGN) Soars on Bumper Q2
- Align Technology price target raised to $406 from $385 at Baird
- Align Technology sees FY23 revenue $3.97B-$3.99B, consensus $3.94B
- Align Technology sees Q3 revenue $990M-$1.01B, consensus $990.3M