Baird encouraged by Align’s analyst day

Baird Equity Research attended Align Technology’s analyst day last week, and although they viewed the occasion as “upbeat” and came away “encouraged,” they advise investors that right now is not the best time to enter the market on Align’s side.
June 2, 2014
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Baird Equity Research attended Align Technology’s analyst day last week, and although they viewed the occasion as “upbeat” and came away “encouraged,” they advise investors that right now is not the best time to enter the market on Align’s side.

RELATED: 2014 CDA Anaheim summary: Improving dental trends

The biggest news from the analyst event was that management was reiterating its three to five year financial outlook, with the belief that it can deliver 15 to 20 percent annual revenue growth over the coming years — though Baird believes that’s a stretch.

However, Baird came away “encouraged that clear aligners represent the future of orthodontics.” See the complete report here.

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