Telsey Advisory Group Maintains Market Perform on Olaplex Hldgs, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a 'Market Perform' rating on Olaplex Holdings (NASDAQ:OLPX) but has lowered the price target from $4 to $2.
November 08, 2023 | 12:13 pm
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NEGATIVE IMPACT
Olaplex Holdings' price target has been lowered from $4 to $2 by Telsey Advisory Group, which could negatively impact the stock's short-term performance.
The lowering of the price target by a reputable analyst group like Telsey Advisory Group could lead to a decrease in investor confidence in Olaplex Holdings, potentially causing a short-term drop in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100