Piper Sandler Maintains Overweight on Align Tech, Lowers Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Jason Bednar has maintained an Overweight rating on Align Tech (NASDAQ:ALGN) but lowered the price target from $370 to $290.

October 26, 2023 | 4:12 pm
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Align Tech's price target has been lowered from $370 to $290 by Piper Sandler, though the Overweight rating is maintained.
The lowering of the price target by Piper Sandler indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
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IMPORTANCE 80
RELEVANCE 100