Keybanc Initiates Coverage On ODDITY Tech with Overweight Rating, Announces Price Target of $60
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Scott Schoenhaus has initiated coverage on ODDITY Tech (NASDAQ:ODD) with an Overweight rating and a price target of $60.
August 15, 2023 | 8:10 am
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POSITIVE IMPACT
Keybanc has initiated coverage on ODDITY Tech with an Overweight rating and a price target of $60, which could positively impact the stock.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Keybanc's Overweight rating suggests that they expect ODDITY Tech's stock to outperform the market, while the price target of $60 indicates where they believe the stock's price will move. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100