Truist Securities Maintains Buy on Olaplex Hldgs, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bill Chappell has maintained a Buy rating on Olaplex Holdings (NASDAQ:OLPX) but lowered the price target from $7 to $3.
March 04, 2024 | 1:27 pm
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NEGATIVE IMPACT
Truist Securities maintains a Buy rating on Olaplex Holdings but reduces the price target from $7 to $3.
The reduction in price target by Truist Securities, despite maintaining a Buy rating, could lead to short-term negative sentiment among investors, potentially causing a decrease in OLPX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100