Piper Sandler Reiterates Overweight on e.l.f. Beauty, Maintains $225 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Korinne Wolfmeyer reiterated an Overweight rating on e.l.f. Beauty (NYSE:ELF) and maintained a $225 price target.

April 03, 2024 | 3:53 pm
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Piper Sandler analyst Korinne Wolfmeyer reiterated an Overweight rating on e.l.f. Beauty and maintained a $225 price target.
The reiteration of an Overweight rating and maintenance of a high price target by a reputable analyst like Korinne Wolfmeyer suggests a strong bullish sentiment towards e.l.f. Beauty. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100