Robert W. Baird disclosed Align Tech (NASDAQ:ALGN), hiking its price target to $96.00 earlier today
- Updated: October 2, 2016
Displaying a price of $93.75, Align Tech (NASDAQ:ALGN) traded 1.45% higher on the day. With the last stock close price up 13.84% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Align Tech has recorded a 50-day moving average of $93.92 and a 200-day moving average of $82.35. 615,964 shares of ALGN traded hands, down from an average trading volume of 718,656
Robert W. Baird increased the stock price target of Align Tech (NASDAQ:ALGN) to $96.00 indicating a possible upside of 0.02%.
On 5/11/2016, Credit Suisse released a statement for Align Tech (NASDAQ:ALGN) bumped up the target price from $0.00 to $84.00 that suggested an upside of 0.10%.
Recent Performance Chart
Align Tech has 52 week low of $55.32 and a 52 week high of $96.90 with a P/E ratio of 45.73 and has a market cap of $0.
In addition to Robert W. Baird reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is $82.80 with 7 firms rating the stock a strong buy, 4 firms rating the stock a buy, 0 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
More About Align Tech (NASDAQ:ALGN)
Align Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Express/Lite, Teen, Assist and Vivera Retainers, along with its training and ancillary products for treating malocclusion. The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Company's iTero scanner is used by dental professionals, and labs and services for restorative and orthodontic digital procedures, as well as Invisalign digital impression submission.
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