Canaccord analyst Susan Anderson lowered the firm’s price target on Elf Beauty (ELF) to $136 from $165 and keeps a Buy rating on the shares. The firm said they reported Q2 results led by Rhode which continues to shine but the rest of the business is seeing near-term normalization.
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Read More on ELF:
- e.l.f. Beauty Stock (ELF) Plunges as Int’l Sales Slow in Q2, Outlook Disappoints Wall Street
- Elf Beauty price target lowered to $135 from $155 at Goldman Sachs
- Elf Beauty price target lowered to $125 from $145 at Baird
- Elf Beauty downgraded to Neutral from Overweight at Piper Sandler
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