Morgan Stanley Maintains Overweight on e.l.f. Beauty, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian maintains an Overweight rating on e.l.f. Beauty (NYSE:ELF) and raises the price target from $118 to $162.
August 04, 2023 | 11:26 am
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Morgan Stanley maintains an Overweight rating on e.l.f. Beauty and raises the price target from $118 to $162, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for e.l.f. Beauty. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100