Stifel Maintains Buy on Align Tech, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block maintains a Buy rating on Align Tech (NASDAQ:ALGN) but lowers the price target from $400 to $350.
July 25, 2024 | 12:25 pm
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NEUTRAL IMPACT
Stifel analyst Jonathan Block maintains a Buy rating on Align Tech but lowers the price target from $400 to $350.
The Buy rating suggests continued confidence in Align Tech's long-term prospects, but the lowered price target indicates some caution about near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100