Telsey Advisory Group Downgrades Olaplex Hldgs to Market Perform, Lowers Price Target to $4
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has downgraded Olaplex Holdings (NASDAQ:OLPX) from Outperform to Market Perform and lowered the price target from $6 to $4.
August 09, 2023 | 9:25 am
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Olaplex Holdings has been downgraded by Telsey Advisory Group from Outperform to Market Perform, with a lowered price target from $6 to $4.
The downgrade from Outperform to Market Perform by Telsey Advisory Group, along with a lowered price target, indicates a less optimistic outlook for Olaplex Holdings. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100