Piper Sandler Maintains Overweight on Align Tech, Lowers Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Jason Bednar maintains an Overweight rating on Align Tech (NASDAQ:ALGN) but lowers the price target from $375 to $330.
June 21, 2024 | 11:32 am
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Align Tech but lowers the price target from $375 to $330, indicating a positive long-term outlook but a more cautious short-term view.
The maintained Overweight rating suggests continued confidence in Align Tech's long-term prospects. However, the lowered price target indicates some short-term caution, likely due to market conditions or company-specific factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100