TD Cowen raised the firm’s price target on Olaplex (OLPX) to $2.06 from $1.40 and keeps a Hold rating on the shares. The firm cites the company’s agreement to be acquired by Henkel for the target boost.
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Read More on OLPX:
- Olaplex price target raised to $2 from $1.75 at Barclays
- Hold Rating Driven by Henkel Takeover Premium and Limited Upside Beyond Deal Terms
- Olaplex price target raised to $2 from $1.40 at Morgan Stanley
- Largest borrow rate increases among liquid names
- Olaplex price target raised to $2.06 from $2 at Telsey Advisory
