As the initiating entity, Morgan Stanley's actions could influence investor sentiment towards its own stock. However, as this is a routine part of their business, the impact is likely to be minimal.

The initiation of coverage by Morgan Stanley is a significant event for ODDITY Tech. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. The price target of $57 provides a reference point for investors, but does not necessarily suggest a strong upward or downward movement in the short term.