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Bank of America Securities Sticks to Their Sell Rating for Align Tech (ALGN)

Tipranks - Tipranks - Thu Apr 9, 2:58AM CDT

In a report released yesterday, Michael Ryskin from Bank of America Securities maintained a Sell rating on Align Tech, with a price target of $175.00.

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According to TipRanks, Ryskin is a 3-star analyst with an average return of 1.1% and a 47.33% success rate. Ryskin covers the Healthcare sector, focusing on stocks such as Zoetis, Bruker, and Idexx Laboratories.

Align Tech has an analyst consensus of Moderate Buy, with a price target consensus of $199.27.

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Based on Align Tech’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.05 billion and a net profit of $135.76 million. In comparison, last year the company earned a revenue of $995.22 million and had a net profit of $103.81 million

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