UBS Starts e.l.f. Beauty (ELF) at Buy

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This company's growth runway is a 'thing of beauty' says UBS

September 27, 2023 9:43 AM EDT

UBS analyst Peter Grom initiated coverage of a beauty company in a note on Wednesday, stating the company can drive strong growth.

e.l.f. Beauty, Inc. (NYSE: ELF) was started at Buy with a $138 price target, which implies a potential 26% upside from current levels.

"Based on our... More