Raymond James Maintains Outperform on e.l.f. Beauty, Raises Price Target to $145
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 $125 to $145.
August 04, 2023 | 11:03 am
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POSITIVE IMPACT
Raymond James has maintained an 'Outperform' rating on e.l.f. Beauty and raised the price target from $125 to $145, which could positively impact the stock in the short term.
The 'Outperform' rating indicates that the analyst believes the company will do better than the market average. The increase in price target from $125 to $145 suggests that the analyst sees significant upside potential in the stock. This could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100