Elf Beauty price target lowered to $100 from $110 at TD Cowen
TD Cowen analyst Oliver Chen lowered the firm’s price target on Elf Beauty (ELF) to $100 from $110 and keeps a Buy rating on the shares. The firm updated its estimates following Q3 results and see a 2H reset as core growth normalizes to LSD%, which may keep shares range-bound near term.
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