Morgan Stanley Maintains Overweight on Align Tech, Raises Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wright has maintained an Overweight rating on Align Technology (NASDAQ:ALGN) and increased the price target from $344 to $360.
April 25, 2024 | 5:25 pm
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Morgan Stanley has reaffirmed its Overweight rating on Align Technology and raised its price target to $360.
The upgrade in the price target by a reputable analyst like Morgan Stanley suggests a strong confidence in Align Technology's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100