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Oddity price target raised to $80 from $68 at BofA

BofA analyst Anna Lizzul raised the firm’s price target on Oddity (ODD) to $80 from $68 and keeps a Buy rating on the shares as the firm transfered lead coverage. The new analyst views Oddity as well positioned to benefit from the beauty category increasingly moving to online sales and sees potential for multiple expansion from sustained sales growth and margin expansion, the firm explained.

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