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Align Tech (ALGN) Gets a Hold from Barclays

Tipranks - Fri Feb 6, 1:38AM CST

In a report released today, Glen Santangelo from Barclays maintained a Hold rating on Align Tech, with a price target of $170.00.

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Santangelo covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical, Align Tech, and Cencora. According to TipRanks, Santangelo has an average return of 6.1% and a 53.13% success rate on recommended stocks.

In addition to Barclays, Align Tech also received a Hold from TipRanks – PerPlexity’s PerPlexity Medical – Devices in a report issued yesterday. However, today, William Blair maintained a Buy 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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