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JMP keeps Align at market perform
Align Technology, Inc. maintained its market outperform rating by JMP Securities analyst Anthony Ostrea on news that the company's U.S. ITC litigation against OrthoClear is moving forward as expected. JMP remains on the sidelines given the uncertainty in the outcome of the case and particularly since OrthoClear appears to be competing well against Align in the market. Shares of the Santa Clara, Calif., dental products manufacturing company were down 16 cents, or 1.90%, at $8.25 on volume of 635,291 shares versus the three-month running average of 764,725 shares. (Nasdaq: ALGN)
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