Align Tech (NASDAQ:ALGN) reported quarterly earnings of $2.00 per share which missed the analyst consensus estimate of $2.28 by 12.28 percent. This is a 34.21 percent decrease over earnings of $3.04 per share from the
The S&P 500 closed the month of June posting the worst half of a year since 1970 and the worst quarter since the first quarter of 2020, a period that included the official declaration of COVID-19 being a pandemic.
Morgan Stanley has decided to maintain its Overweight rating of Align Tech (NASDAQ:ALGN) and lower its price target from $524.00 to $479.00.
Shares of Align Tech are trading up 1.65% over the last 24 hours, at $242.02 per share.