B. Riley lowered the firm’s price target on Elf Beauty (ELF) to $130 from $160 and keeps a Buy rating on the shares. The company’s fiscal Q2 sales and initial fiscal 2026 guidance come in short of expectations, the analyst tells investors in a research note. The firm remains positive on the shares citing Elf’s Rhode opportunity.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELF:
- e.l.f. Beauty: Buy Rating Affirmed Amid Short-Term Challenges and Strong Long-Term Growth Potential
- Video: Snap jumps after earnings, Perplexity partnership
- Elf Beauty price target lowered to $137 from $168 at JPMorgan
- e.l.f. Beauty: Strong Long-Term Potential Despite Short-Term Challenges Justifies Buy Rating
- Elf Beauty price target lowered to $105 from $150 at UBS