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Align Technology price target raised to $170 from $160 at Evercore ISI

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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