Evercore ISI removed Oddity (ODD) from the firm’s “Tactical Outperform” list, but contends that “strong” Q3 results, with revenue and EBITDA both modestly exceeding expectations, reaffirm the potential of Oddity as “a disruptive player in the DTC beauty space.” The firm has an Outperform rating and $80 price target on Oddity shares.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ODD:
- Oddity price target lowered to $49 from $61 at Morgan Stanley
- Cautious Outlook on ODDITY Tech Ltd. Amid Strong Growth and Market Uncertainties
- Oddity price target lowered to $46 from $64 at Barclays
- ODDITY Tech Reports Record Earnings and Raises Outlook
- ODDITY Tech Ltd.: Strong Growth Potential and Strategic Initiatives Justify Buy Rating