Olaplex Holdings price target raised to $1.70 from $1.50 at Barclays

Barclays raised the firm’s price target on Olaplex Holdings (OLPX) to $1.70 from $1.50 and keeps an Equal Weight rating on the shares. The firm says 2025 marks the next phase of Olaplex’s transformation journey, with a new strategic vision in place and “significant” step up in reinvestment spend to support future growth, the analyst tells investors in a research note.