Evercore ISI raised the firm’s price target on Align Technology (ALGN) to $170 from $160 and keeps an Outperform rating on the shares after “a strong Q3 performance” with cases up 4.9% year-over-year, topping expectations. A 22c beat on EPS “underlines the effective cost management and operational leverage,” the analyst tells investors.
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Read More on ALGN:
- Align Technology price target raised to $200 from $190 at Piper Sandler
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- Align Technology reportst Q3 adjusted EPS $2.61, consensus $2.41
