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Alignment Healthcare price target raised to $12 from $9 at Stifel

Stifel analyst Craig Jones raised the firm’s price target on Alignment Healthcare to $12 from $9 and keeps a Buy rating on the shares ahead of Alignment reporting Q2 earnings on Thursday, August 1. The firm expects Alignment to beat on revenue and increase the annual guidance with members coming in above the high end of the range, the analyst tells investors in a preview.

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