Evercore ISI cuts Align Technology stock rating on weak demand
Investing.com
Evercore ISI downgraded Align Technology (NASDAQ:ALGN) from Outperform to In Line, setting a price target of $155 due to weakening consumer conditions and slowing demand for Invisalign products. The firm reduced its revenue estimates for 2026 and 2027, attributing the revision to a sharp deterioration in dental market conditions and a significant slowdown in Invisalign monthly active users. Despite the cautious outlook and downward earnings revisions by analysts, InvestingPro data suggests the s
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