e.l.f. Beauty Gets Price Target Hikes By Analysts Following Strong Q4 Results
Portfolio Pulse from Lisa Levin
e.l.f. Beauty (NYSE:ELF) reported better-than-expected Q4 results with adjusted earnings of 42 cents per share and sales of $187.36 million. Following the announcement, several analysts raised their price targets on the stock.
May 25, 2023 | 1:25 pm
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e.l.f. Beauty's Q4 results exceeded expectations, prompting multiple analysts to raise their price targets on the stock.
e.l.f. Beauty reported better-than-expected Q4 earnings and sales, which led to a 13.4% jump in its stock price in pre-market trading. Several analysts raised their price targets following the announcement, indicating a positive short-term impact on the stock.
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