Align Technology (ALGN) PT Raised to $105 at Jefferies

November 8, 2016 7:20 AM EST
Get Alerts ALGN Hot Sheet
Price: $94.01 --0%

Rating Summary:
    14 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Trade ALGN Now!
Join SI Premium – FREE

Get daily under-the-radar research with's Stealth Growth Insider Get your 2-Wk Free Trial here.

Jefferies analyst Brandon Couillard reiterated a Buy rating and lifted his price target on Align Technology (NASDAQ: ALGN) to $105.00 (from $100.00) following Q3 results.

Couillard commented, "The new i-Tero product cycle drove most of the upside to both 3Q revs & initial 4Q guidance. While ALGN's 4Q Invisalign case volume guidance came in a touch light, order funnels rebounded in October & commentary pointed to ~20%+ growth in early-2017, which should ease concerns of a growth cliff next year. We are raising our 16/17 EPS forecasts by 5% & 3%, respectively. PT to $105 (from $100)."

For an analyst ratings summary and ratings history on Align Technology click here. For more ratings news on Align Technology click here.

Shares of Align Technology closed at $87.86 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

Jefferies & Co

Add Your Comment