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Align Technology price target raised to $430 from $390 at Stifel

Stifel analyst Jonathan Block raised the firm’s price target on Align Technology to $430 from $390 and keeps a Buy rating on the shares. Recent diligence increases the firm’s conviction that Align’s stock can outperform the market for the balance of this year and into 2024, says the analyst, who believes the upcoming analyst day on September 6 can serve as a catalyst as the company better details its near-term and long-term pipeline.

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