On Nov 07, major Wall Street analysts update their ratings for $e.l.f. Beauty (ELF.US)$, with price targets ranging from $139 to $165.
Morgan Stanley analyst Dara Mohsenian maintains with a hold rating, and maintains the target price at $139.
J.P. Morgan analyst Andrea Faria Teixeira maintains with a buy rating, and adjusts the target price from $167 to $154.
BofA Securities analyst Anna Lizzul maintains with a buy rating, and maintains the target price at $165.
TD Cowen analyst Oliver Chen maintains with a buy rating, and maintains the target price at $150.
Piper Sandler analyst Korinne Wolfmeyer maintains with a buy rating, and adjusts the target price from $162 to $165.
Furthermore, according to the comprehensive report, the opinions of $e.l.f. Beauty (ELF.US)$'s main analysts recently are as follows:
Elf Beauty is anticipated to sustain solid and superior sales growth relative to its peers, owing to further expansion in market share. Despite a recent downturn, the belief is that the concerns surrounding the company are exaggerated, presenting an opportunity for investment.
Here are the latest investment ratings and price targets for $e.l.f. Beauty (ELF.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.