Raymond James Maintains Outperform on e.l.f. Beauty, Raises Price Target to $125
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Olivia Tong has maintained an 'Outperform' rating on e.l.f. Beauty (NYSE:ELF) and raised the price target from $115 to $125.
July 24, 2023 | 12:00 pm
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Raymond James has maintained an 'Outperform' rating on e.l.f. Beauty and raised the price target from $115 to $125, which could positively impact the stock.
The 'Outperform' rating indicates that the analyst expects the stock to do better than the market average. The increase in price target from $115 to $125 suggests that the analyst sees more upside potential in the stock, which could drive its price up in the short term.
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IMPORTANCE 80
RELEVANCE 100