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Fly News Breaks for January 30, 2019
ALGN
Jan 30, 2019 | 08:46 EDT
Baird analyst Jeff Johnson said the weakness in Align Technology following its Q4 report is a buying opportunity. The analyst said the 2019 margin pressures were a surprise, but he believes they will be short-lived and the volume concerns aren't nearly as big as some might worry. He said the stock could be range-bound, but he sees the company being set up for a good second half. Johnson reiterated his Outperform rating and $255 price target on Align Technology shares.
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