Stifel Maintains Hold on e.l.f. Beauty, Lowers Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Hold rating on e.l.f. Beauty (NYSE:ELF) and lowers the price target from $161 to $131.
October 24, 2024 | 4:01 pm
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Stifel analyst Mark Astrachan has maintained a Hold rating on e.l.f. Beauty and reduced the price target from $161 to $131, indicating a more cautious outlook.
The reduction in price target from $161 to $131 by Stifel suggests a less optimistic view on e.l.f. Beauty's future performance, which could lead to a negative short-term impact on the stock price.
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