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Fly News Breaks for May 22, 2018
ALGN
May 22, 2018 | 08:01 EDT
Stifel analyst Jonathan Block noted that Align Technology shares have rallied since the AAO meeting and he believes additional upside exists, as investors get more comfortable with Align's future growth despite increasing competition, which may be aided further by the company's analyst day this coming Wednesday. Ahead of that event, where he expects management to provide color on growth, particularly international, and delve deeper into the pipeline, Block raised his price target on Align shares to $350 and keeps a Buy rating on the stock.
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