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Published on 1/26/2006 in the Prospect News Biotech Daily.

JMP keeps Align at market perform

Align Technology, Inc. was maintained by JMP Securities analyst Anthony Ostrea at a market perform rating. Align shares were up as fourth-quarter 2005 results beat expectations and 2006 guidance was better than expected. Total revenue came in at $51.2 million (consensus at $50 million), $2.5 million above JMP's estimate. Shares of the Santa Clara, Calif., dental technology company were up 49 cents, or 6.09%, at $8.54 on volume of 1,514,574 shares versus the three-month running average of 749,802 shares. (Nasdaq: ALGN)


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