Stifel Maintains Buy on Align Tech, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block maintains a Buy rating on Align Tech (NASDAQ:ALGN) but lowers the price target from $285 to $275.
October 24, 2024 | 3:59 pm
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Stifel analyst Jonathan Block maintains a Buy rating on Align Tech but lowers the price target from $285 to $275, indicating a slight decrease in expected valuation.
The Buy rating suggests continued confidence in Align Tech's performance, but the lowered price target indicates a slight reduction in expected future valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100