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Fly News Breaks for April 26, 2018
ALGN
Apr 26, 2018 | 05:32 EDT
Piper Jaffray analyst Matt O'Brien says Align Technology can "grow through competitive pressures" following last night's better than expected Q1 results. As international continues to outperform and becomes a bigger piece of the mix, Align can outgrow competition, O'Brien tells investors in a post-earnings research note. He encourages investors to buy shares despite the "premium valuation" and sees further upside to management's bumped up guidance. The analyst keeps an Overweight rating on Align Technology with a $300 price target.
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