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Stifel Nicolaus announced Align Technology (NDAQ:ALGN), bumping up its stock price target to $225.00 today

In a report released on Monday October 23, 2017 Stifel Nicolaus raised the target price of Align Technology (NDAQ:ALGN) from $205.00 to $225.00 indicating a possible upside of 0.11%.

Yesterday Align Technology (NDAQ:ALGN) traded 2.05% higher at $203.52. The company’s 50-day moving average is $187.02 and its 200-day moving average is $157.72. The last closing price is up 27.37% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 2,882,489 shares of the stock were exchanged, up from an average trading volume of 927,894

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Align Technology (NDAQ:ALGN)

Align Technology has a 52 week low of $83.27 and a 52 week high of $201.70 with a P/E ratio of 68.79 The company’s market cap is currently $0.

Also covering Align Technology's price target, a total of 10 analysts have released a report on Align Technology. The 12-month price target is $82.80 with 7 brokers rating the stock a strong buy, 4 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally zero analysts rating the company a sell.

More About Align Technology (NDAQ:ALGN)

Align Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design/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, Teen and Assist (Comprehensive Products), Express/Lite (Non-Comprehensive Products) and Vivera Retainers, along with its training and ancillary products for treating malocclusion (Non-Case). 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 Scanner segment includes its iTero scanner and OrthoCAD services.

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