JP Morgan Maintains Overweight on e.l.f. Beauty, Lowers Price Target to $182
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on e.l.f. Beauty (NYSE:ELF) but lowers the price target from $197 to $182.
May 23, 2024 | 12:43 pm
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NEUTRAL IMPACT
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on e.l.f. Beauty but lowers the price target from $197 to $182.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100