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Oddity initiated with an Overweight at KeyBanc

KeyBanc analyst Scott Schoenhaus initiated coverage of Oddity with an Overweight rating and $60 price target. The analyst believes Oddity is in the early stages of its growth story, with near-term tailwinds from its ongoing disruption of beauty and wellness end markets but longer-term growth opportunities that can be unlocked “given its unique, differentiated technology.” The firm sees “robust” sales trends for the company.

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