Morgan Stanley Initiates Coverage On ODDITY Tech with Equal-Weight Rating, Announces Price Target of $57
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley has initiated coverage on ODDITY Tech (NASDAQ:ODD) with an Equal-Weight rating and a price target of $57.

August 14, 2023 | 10:01 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley has initiated coverage on ODDITY Tech with an Equal-Weight rating and a price target of $57.
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.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Morgan Stanley has initiated coverage on ODDITY Tech with an Equal-Weight rating and a price target of $57.
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100