Align Technology Announces Fourth Quarter and 2015 Results

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Go back to Align Technology Announces Fourth Quarter and 2015 Results

Leerink Partners Raise Align Technology (ALGN) Price Target Following Solid 4Q and and Strong '16 Revenue Guide

January 29, 2016 8:53 AM EST

Leerink Partners reiterated an Outperform rating on Align Technology (NASDAQ: ALGN), and raised the price target to $81.00 (from $75.00), following the company's 4Q earnings report. 4Q revenues of $230.3M beat Leerink's estimate by ~$6M on better than expected case starts, offset by lower ASP. 1Q revenue guidance was above consensus, and contemplates... More