e.l.f. Beauty (ELF) PT Raised to $46 at Morgan Stanley

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Go back to e.l.f. Beauty (ELF) PT Raised to $46 at Morgan Stanley

e.l.f. Beauty (ELF) PT Raised to $46 at Jefferies Following Strong Data and Retail Checks

September 22, 2022 7:41 AM EDT

Jefferies analyst Stephanie Wissink raised the price target on e.l.f. Beauty (NYSE: ELF) to $46.00 (from $39.00) while maintaining a Buy rating on strong data indicators and retail checks.

The analyst commented, "Following very strong tracked data, alt data signals suggesting NT... More

e.l.f. Beauty, Inc. (ELF) Morgan Stanley's Preferred SMID Cap Pick

September 21, 2022 12:38 PM EDT

On Wednesday, Morgan Stanley raised the price target on shares of e.l.f. Beauty, Inc. (NYSE: ELF) to $46 from $42, reiterating an Overweight rating.

In addition, Morgan Stanley is raising topline/EPS estimates "even further above consensus" post US scanner data strength.

"ELF remains our preferred SMID cap pick with recent US scanner data confirming... More