To complement Piper Sandler's analysis of Align Technology (NASDAQ:ALGN), recent data from InvestingPro offers additional context for investors. Despite the lowered price target, Align's financials show some positive indicators. The company boasts a robust gross profit margin of 70.16% for the last twelve months as of Q2 2024, reflecting strong pricing power in the clear aligner market. This aligns with the firm's leading position in the industry and its ability to maintain profitability even in challenging market conditions.