Truist Securities Maintains Buy on e.l.f. Beauty, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bill Chappell maintains a Buy rating on e.l.f. Beauty (NYSE:ELF) and raises the price target from $100 to $110.
May 25, 2023 | 1:41 pm
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Truist Securities maintains a Buy rating on e.l.f. Beauty and raises the price target from $100 to $110.
The raised price target by Truist Securities analyst Bill Chappell indicates a positive outlook for e.l.f. Beauty's stock. This news is likely to have a positive impact on the stock price in the short term as it shows increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100