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Elf Beauty price target raised to $125 from $75 at Truist

Truist raised the firm’s price target on Elf Beauty (ELF) to $125 from $75 and keeps a Buy rating on the shares. Following Q4 earnings, the firm is updating its FY26 sales and EBITDA estimates to $1.575B and $332M from $1.466B and $327M, respectively, while also raising its FY27 sales and EBITDA estimates.

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