Stifel Maintains Buy on Align Tech, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block maintains a Buy rating on Align Tech (NASDAQ:ALGN) but lowers the price target from $350 to $285.
October 11, 2024 | 2:25 pm
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NEUTRAL IMPACT
Stifel analyst Jonathan Block maintains a Buy rating on Align Tech but lowers the price target from $350 to $285, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Align Tech's prospects, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100