UPDATE: Morgan Stanley Downgrades Olaplex Inc (OLPX) to Equalweight
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Evercore ISI Downgrades Olaplex Inc (OLPX) to In Line
October 19, 2022 3:08 AM EDTEvercore ISI analyst Robert Ottenstein downgraded Olaplex Inc (NASDAQ: OLPX) from Outperform to In Line with a price target of $10.00 (from $40.00).
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 $9.79 yesterday.
... MoreJPMorgan Downgrades Olaplex Inc (OLPX) to Underweight
October 19, 2022 3:01 AM EDTJPMorgan analyst Andrea Teixeira downgraded Olaplex Inc (NASDAQ: OLPX) from Overweight to Underweight with a price target of $8.00 (from $16.00).
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 $9.79 yesterday.
... MoreAfter-Hours Movers: Netflix Surges on Beat, Olaplex Tumbles on Warning
October 18, 2022 5:47 PM EDTAfter-Hours Stock Movers:
Olaplex Holdings, Inc. (NASDAQ: OLPX) 38% LOWER; lowers guidance. Sees third quarter net sales of $176.5 million, versus the consensus of $208.95 million. Sees full-year net sales of $704-$711 million, versus the consensus of $815.74 million.
Netflix (NASDAQ:... More
Olaplex Holdings (OLPX) Lowers FY22 Guidance
October 18, 2022 4:06 PM EDTOlaplex Holdings, Inc. (NASDAQ: OLPX) (OLAPLEX or the Company), today provided preliminary unaudited net sales estimates, and introduced an expected range for net income, adjusted net income and adjusted EBITDA, in each case for the three months ended September 30, 2022 (the third quarter). In addition, the Company revised its guidance for the 2022 fiscal year (fiscal 2022).
The Companys updated guidance primarily reflects a slowdown in sales momentum that it attributes to macro-economic pressures, increased competitive activity including discounting, and a moderation in new customer acquisition, as well as inventory rebalancing across certain customers which... More
Olaplex Inc (OLPX) PT Lowered to $13 at Morgan Stanley
October 17, 2022 4:05 AM EDTMorgan Stanley analyst Dara Mohsenian lowered the price target on Olaplex Inc (NASDAQ: OLPX) to $13.00 (from $16.00) while maintaining a Overweight rating.... More
