UBS Maintains Buy on e.l.f. Beauty, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Peter Grom maintains a Buy rating on e.l.f. Beauty (NYSE:ELF) but lowers the price target from $250 to $230.
August 09, 2024 | 2:58 pm
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NEUTRAL IMPACT
UBS analyst Peter Grom maintains a Buy rating on e.l.f. Beauty but lowers the price target from $250 to $230.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100