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Needham downgrades ODDITY Tech Ltd. Class A (ODD) to a Hold

Tipranks - Thu Feb 26, 3:16PM CST

ODDITY Tech Ltd. Class A received a Hold rating and price target from Needham analyst Ryan MacDonald today.

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According to TipRanks, MacDonald is an analyst with an average return of -6.6% and a 36.67% success rate. MacDonald covers the Technology sector, focusing on stocks such as Docebo, ODDITY Tech Ltd. Class A, and Waystar Holding Corp..

In addition to Needham, ODDITY Tech Ltd. Class A also received a Hold from Barclays’s Lauren Lieberman in a report issued today. However, on February 20, KeyBanc maintained a Buy rating on ODDITY Tech Ltd. Class A (NASDAQ: ODD).

Based on ODDITY Tech Ltd. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $147.9 million and a net profit of $17.75 million. In comparison, last year the company earned a revenue of $119 million and had a net profit of $17.72 million

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