Form 8-K ALIGN TECHNOLOGY INC For: Jul 27

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Go back to Form 8-K ALIGN TECHNOLOGY INC For: Jul 27

Align Technology (ALGN) PT Lowered to $350 at Jefferies

July 28, 2022 8:30 AM EDT

Jefferies analyst Brandon Couillard lowered the price target on Align Technology (NASDAQ: ALGN) to $350.00 (from $365.00) while maintaining a Buy rating.

The analyst commented, "As we previewed (here), 2Q revs/EPS missed consensus. That said, WW case volume (flat Q/Q) showed some stability,... More

Goldman Sachs Double Downgrades Align Technology (ALGN) to Sell, 'Path to recovery looks more challenging'

July 28, 2022 7:03 AM EDT

Goldman Sachs analyst Robert Jones downgraded Align Technology (NASDAQ: ALGN) from Buy to Sell with a price target of $250.00 (from $380.00).

The analyst comments "We downgrade ALGN to Sell from Buy with a revised $250 price target, implying -5% downside (vs. 13% average upside for our Dental coverage). ALGN's 2Q update highlighted the uncertainty of an increasingly challenging... More