Citi raised the firm’s price target on Elf Beauty (ELF) to $115 from $110 and keeps a Buy rating on the shares. The firm cites the company’s fiscal Q3 beat for the target boost.
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Read More on ELF:
- Elf Beauty price target raised to $102 from $98 at UBS
- e.l.f. Beauty: Strong Execution, Conservative Guidance, and Robust Growth Outlook Support Buy Rating and $115 Target
- e.l.f. Beauty: Strong Q3 and Raised Outlook Tempered by Valuation and Growth Durability Concerns Supporting Hold Rating
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- Elf Beauty reports Q3 EPS $1.24, consensus 72c