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Why SmileDirectClub's Stock Is Trading Higher Today

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Why SmileDirectClub's Stock Is Trading Higher Today

SmileDirectClub (NASDAQ: SDC) shares are trading higher on Wednesday after Wolfe Research upgraded the stock from Underperform to Peer Perform and announced a price target of $10 per share.

SmileDirectClub is engaged in the orthodontics business. It is mainly involved in the sale of aligners, impression kits, whitening gel, and retainers. The company has one operating segment, aligner products.

SmileDirectClub shares were trading up 6.67% at $11.28 on Wednesday during the time of publication. The stock has a 52-week high of $21.10 and a 52-week low of $3.64.

Related Links:

SmileDirectClub's Stock Surges On Patent Win

SmileDirectClub Expands Walmart Partnership To Canada

Latest Ratings for SDC

DateFirmActionFromTo
Sep 2020Wolfe ResearchUpgradesUnderperformPeer Perform
Jun 2020Stephens & Co.Initiates Coverage OnOverweight
May 2020UBSMaintainsNeutral

View More Analyst Ratings for SDC
View the Latest Analyst Ratings

 

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