Oddity price target raised to $79 from $78 at Jefferies

Jefferies analyst Brian Tanquilut raised the firm’s price target on Oddity (ODD) to $79 from $78 and keeps a Buy rating on the shares. The firm notes the company’s Q3 plus business update were notable positives that should drive a near-term rebound in the stock. While investors were concerned heading into the print about Q3 due to broader macro/consumer concerns, Oddity delivered robust growth and an EBITDA beat/raise, Jefferies adds.