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Mizuho Securities Remains a Buy on Align Tech (ALGN)

Tipranks - Tue Feb 10, 6:26AM CST

Mizuho Securities analyst Steven Valiquette maintained a Buy rating on Align Tech on February 6 and set a price target of $215.00. The company’s shares closed last Friday at $187.60.

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Valiquette covers the Healthcare sector, focusing on stocks such as Cardinal Health, Align Tech, and McKesson. According to TipRanks, Valiquette has an average return of 0.0% and a 52.37% success rate on recommended stocks.

In addition to Mizuho Securities, Align Tech also received a Buy from HSBC’s Sidharth Sahoo in a report issued today. However, on February 5, Needham maintained a Hold rating on Align Tech (NASDAQ: ALGN).

Based on Align Tech’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $995.69 million and a net profit of $56.75 million. In comparison, last year the company earned a revenue of $977.87 million and had a net profit of $115.96 million

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