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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:13 EDTALGNAlign Technology likely to win patent trial, says Stifel Nicolaus
After speaking with an experienced patent lawyer, Stifel believes that Align has an 80% chance of winning its patent infringement trial against ClearCorrect. The firm raised its price target on Align to $38 from $32 and reiterates a Buy rating.
News For ALGN From The Last 14 Days
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June 26, 2015
08:57 EDTALGNClearCorrect says granted request for fourth Align patent reexam, Bloomberg says
A ClearCorrect spokeswoman stated to Bloomberg via e-mail that the company was granted a fourth request for reexamination of an Align Technology patent yesterday by the USPTO, the news service reported. An Align Technology spokeswoman remarked that the grant for fourth reexamination was “not unexpected” and said the patent was previously found to be valid during an ITC investigation, the report added.
June 18, 2015
07:13 EDTALGNMorgan Stanley says to buy Align Technology on weakness
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07:01 EDTALGNAlign Technology selloff a buying opportunity, say William Blair
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05:41 EDTALGNSouthwest downgraded to Underweight from Overweight at Barclays
Barclays analyst David Fintzen downgraded Southwest (LUV) two notches to Underweight from Overweight saying the company has moved from a margin expansion story to an "average" big four airline trading at a premium valuation. Fintzen expects Southwest's growth to normalize in 2016 and cut his price target for shares to $39 from $50. The stock closed yesterday down 7c to $33.84. The analyst coupled the downgrade with an upgrade of Align Technology (ALGN) to Equal Weight. He remains bullish on airlines, with Spirit Airlines (SAVE) remaining his top pick, followed by Delta Air Lines (DAL), American Airlines (AAL) and United Continental (UAL). Fintzen sees 50% average upside in those four names.

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