Morgan Stanley Maintains Equal-Weight on e.l.f. Beauty, Raises Price Target to $184
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian maintains an Equal-Weight rating on e.l.f. Beauty (ELF) and raises the price target from $168 to $184.
February 07, 2024 | 8:02 pm
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Morgan Stanley maintains an Equal-Weight rating on e.l.f. Beauty and raises the price target from $168 to $184.
The increase in price target by a reputable analyst like Dara Mohsenian from Morgan Stanley suggests a positive outlook on e.l.f. Beauty's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100