A Closer Look at 4 Analyst Recommendations For Olaplex Hldgs
Portfolio Pulse from Benzinga Insights
Four analysts have recently evaluated Olaplex Holdings (NASDAQ: OLPX), providing a range of ratings from indifferent to somewhat bullish. The average 12-month price target has increased by 12.5% to $2.25. Dana Telsey from Telsey Advisory Group raised the price target to $3.00 from $2.00, maintaining a 'Market Perform' rating. Olaplex faces revenue challenges but shows strong net margin, ROE, and ROA, with prudent debt management.
August 07, 2024 | 12:00 pm
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Analysts have mixed views on Olaplex Holdings with an average 12-month price target of $2.25, up 12.5%. Dana Telsey raised the target to $3.00, maintaining a 'Market Perform' rating. Despite revenue challenges, Olaplex shows strong financial metrics.
The increase in the average price target and the raised target by Dana Telsey indicate positive sentiment among analysts. Despite revenue challenges, the company's strong financial metrics such as net margin, ROE, and ROA, along with prudent debt management, suggest a potential positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100