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Fly News Breaks for August 31, 2018
ALGN
Aug 31, 2018 | 09:24 EDT
After meeting with management, William Blair analyst John Kreger believes Align Technology has multiple catalysts in place to sustain its case volume momentum in the coming years despite added competition. Align is "by far the best growth story in dental," with unit increases likely to exceed 30% in the near term and 20% longer term, Kreger tells investors in a research note. He maintains an Outperform rating on the shares despite the "premium valuation."
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