Barclays raised the firm’s price target on Oddity (ODD) to $42 from $39 and keeps an Equal Weight rating on the shares. While many other beauty companies have been cutting their outlooks due to slower category growth, Oddity’s growth came in better than expected and the company once again raised its full year outlook, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter