Morgan Stanley Maintains Overweight on Align Tech, Lowers Price Target to $378
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wright has maintained an Overweight rating on Align Tech (NASDAQ:ALGN) but lowered the price target from $415 to $378.

October 26, 2023 | 12:15 pm
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Morgan Stanley has maintained an Overweight rating on Align Tech but lowered the price target from $415 to $378.
The news is directly related to Align Tech and is likely to influence investor sentiment. While the Overweight rating is positive, the reduction in price target may create some uncertainty. However, as the new target is still relatively high, the overall impact is expected to be neutral in the short term.
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IMPORTANCE 80
RELEVANCE 100