Jefferies assumed coverage of Waldencast (WALD) with a Buy rating and a price target of $2, down from $3.50, while taking over specialty softlines. Revisiting the 2026 outlook with a sharper lens on how the K-shaped consumer backdrop shapes beauty spending, the analyst says the firm’s conviction in a makeup cycle remains.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WALD:
- Waldencast Sets January 2026 AGM and Reshapes Board Following Director Resignations
- Waldencast files to sell 9.82M Class A ordinary shares for holders
- Waldencast downgraded at Telsey Advisory after ‘disappointing’ Q2 results
- Waldencast price target lowered to $4 from $5 at Canaccord
- Waldencast downgraded to Market Perform from Outperform at Telsey Advisory