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  "documentTitle": "Align Technology, Inc. (ALGN)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "presentationDate": "2020-04-09 00:00:00",
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      "text": "Further pressure on ASPs and multiple compression due to a slowed growth trajectory could bring even further downside to the stock",
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      "text": "Target Price: $80-$115",
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      "text": "As ALGN shares trade lower with the market as the pandemic grows increasingly drawn-out, bulls with faith in the long-term growth story likely see the stock as a strong “buy low” opportunity. Spruce Point strongly disagrees...",
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      "text": "ALGN: FY21 Revenue Build",
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      "text": "ALGN: Valuation",
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      "kind": "title",
      "text": "Not A Bounce-Back Candidate: Spruce Point Sees 40%-55% Downside To $80-$115 Per Share",
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