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Align Technology price target lowered to $185 from $200 at BofA

BofA analyst Michael Ryskin lowered the firm’s price target on Align Technology (ALGN) to $185 from $200 and keeps an Underperform rating on the shares. Heading into Q1 earnings, the firm trimmed volume expectations for Align given persistent end-market weakness, but took average selling prices higher to reflect reduced foreign exchange headwinds.

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