Morgan Stanley Maintains Overweight on e.l.f. Beauty, Lowers Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian has maintained an Overweight rating on e.l.f. Beauty (NYSE:ELF) but lowered the price target from $147 to $137.
November 02, 2023 | 4:18 pm
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Morgan Stanley has maintained an Overweight rating on e.l.f. Beauty but lowered the price target from $147 to $137.
The news is directly about e.l.f. Beauty and is likely to impact its stock. While the Overweight rating is positive, the lowering of the price target may have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100