Piper Sandler Downgrades Olaplex Hldgs to Underweight, Lowers Price Target to $2
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Korinne Wolfmeyer has downgraded Olaplex Hldgs (NASDAQ:OLPX) from Neutral to Underweight and lowered the price target from $3 to $2.
August 25, 2023 | 9:22 am
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NEGATIVE IMPACT
Olaplex Hldgs has been downgraded from Neutral to Underweight by Piper Sandler, with a lowered price target from $3 to $2.
The downgrade from Neutral to Underweight by Piper Sandler, along with a lowered price target, indicates a negative outlook for Olaplex Hldgs. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100