B of A Securities Maintains Buy on e.l.f. Beauty, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Anna Lizzul maintains a Buy rating on e.l.f. Beauty (NYSE:ELF) but lowers the price target from $230 to $220.
May 23, 2024 | 4:54 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on e.l.f. Beauty but lowers the price target from $230 to $220.
The Buy rating suggests continued confidence in e.l.f. Beauty's performance, 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 70
RELEVANCE 100