UBS Downgrades Align Tech to Neutral, Announces $200 Price Target
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kevin Caliendo has downgraded Align Tech (NASDAQ:ALGN) from Buy to Neutral and set a price target of $200.
October 27, 2023 | 2:08 pm
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Align Tech has been downgraded from Buy to Neutral by UBS analyst Kevin Caliendo, with a price target of $200.
The downgrade from Buy to Neutral by a UBS analyst indicates a less optimistic outlook for Align Tech. This could potentially lead to a decrease in the stock's price in the short term. The $200 price target also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100