William Blair analyst John Kreger believes the selloff yesterday in shares of Align Technology after Straumann announced that it was acquiring ClearCorrect is overdone. The analyst does not think Straumann buying ClearCorrect affects Align's growth outlook He continues to expect Align's success at migrating traditional orthodontics to clear aligners will attract new competitors. Kreger keeps an Outperform rating on Align shares.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here