Elf Beauty shares crater as weakening cosmetics demand dent annual forecasts

Go back to Elf Beauty shares crater as weakening cosmetics demand dent annual forecasts

e.l.f. Beauty (ELF) PT Lowered to $120 at Raymond James

February 7, 2025 6:37 AM EST

Raymond James analyst Olivia Tong lowered the price target on e.l.f. Beauty (NYSE: ELF) to $120.00 (from $175.00) while maintaining a Strong Buy rating.

The analyst comments "ELF handily beat F3Q sales expectations, +31% y/y vs our/consensus +22% estimates, with U.S. +25% and Internatoinal +66%; however, given a... More

e.l.f. Beauty (ELF) PT Lowered to $142 at Goldman Sachs

February 7, 2025 4:39 AM EST

Goldman Sachs analyst Patty Kanada lowered the price target on e.l.f. Beauty (NYSE: ELF) to $142.00 (from $165.00) while maintaining a Buy rating.

The analyst comments "Our View - We maintain our Buy rating on ELF but lower our estimates across the... More