Olaplex Inc (OLPX) Reinforced the Brands Disruptive Nature - Jefferies

Jefferies analyst Stephanie Wissink reiterated a Buy rating and $25.00 price target on Olaplex Inc (NASDAQ: OLPX) after shares fell 4% after reporting earnings.

The analyst stated "Q4 results reinforced both the disruptive nature of the brand in the haircare category and the growing need to invest behind sales. Shares were volatile post the earnings call, down -4.6% at the close, reflecting lingering questions re: ingredient safety & EBITDA margin sustainability. We used our follow-up with management to get clarity on these topics which underpins our confidence in the beatability of sales expectations."

For an analyst ratings summary and ratings history on Olaplex Inc click here. For more ratings news on Olaplex Inc click here.

Shares of Olaplex Inc closed at $13.41 yesterday.

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