Wall Street is overwhelmingly bullish on SmileDirectClub even after it had the worst US IPO in 12 years. Here’s what analysts are saying.

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Wall Street is overwhelmingly bullish on SmileDirectClub even after it had the worst US IPO in 12 years. Here’s what analysts are saying.
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Analysts have a rosy view of SmileDirectClub — roughly 85% of adults have crooked teeth but less than 1% receive treatment.

On Monday, a slew of Wall Street analysts initiated coverage of SmileDirectClub with bullish"buy" ratings and high price targets. Shares gained on the news in early trading Monday, then lost as much as 5.71%. The coverage comes after a rough start to the company's public trading in September and a report that came out Friday from short-seller Hindenburg Research. Here's what Wall Street analysts are saying about the company. Watch SmileDirectClub trade live on Markets Insider.

On Monday, a slew of Wall Street analysts initiated coverage of SmileDirectClub with bullish"buy" ratings and high price targets. Shares gained on the news in early trading Monday, then lost as much as 5.71%. The coverage comes after a rough start to the company's public trading in September and a report that came out Friday from short-seller Hindenburg Research. Here's what Wall Street analysts are saying about the company. Watch SmileDirectClub trade live on Markets Insider.

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