Piper Sandler raises Align Technology stock price target to $220 on Q4 beat
Piper Sandler has increased its price target for Align Technology (NASDAQ:ALGN) to $220 from $200, maintaining an Overweight rating after the company surpassed Q4 earnings and revenue expectations. Align Technology reported strong performance with $1.048 billion in revenue and $3.29 EPS, driven by growth in aligner and scanner products. The revised target aligns with InvestingPro's fair value assessment, suggesting the stock might be undervalued, and the company's initial 2026 guidance appears reasonable, anticipating continued positive outcomes.
https://m.investing.com/news/analyst-ratings/piper-sandler-raises-align-technology-stock-price-target-to-220-on-q4-beat-93CH-4491072?ampMode=1