JP Morgan Maintains Overweight on e.l.f. Beauty, Raises Price Target to $150
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on e.l.f. Beauty (NYSE:ELF) and raises the price target from $129 to $150.
August 04, 2023 | 11:48 am
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on e.l.f. Beauty and raises the price target from $129 to $150, indicating a positive outlook for the company.
The raised price target by JP Morgan 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