Barclays Maintains Equal-Weight on ODDITY Tech, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on ODDITY Tech (NASDAQ:ODD) and lowers the price target from $44 to $42.

May 10, 2024 | 7:12 pm
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Barclays maintains an Equal-Weight rating on ODDITY Tech but lowers the price target from $44 to $42, indicating a cautious but not pessimistic outlook.
The adjustment in price target by a major analyst like Barclays can influence investor sentiment, potentially leading to short-term price adjustments. However, the maintenance of an Equal-Weight rating suggests that the overall outlook for the company has not drastically changed, indicating a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100