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e.l.f. Beauty positioned well for another quarterly beat, says Canaccord

e.l.f. Beauty positioned well for another quarterly beat, says Canaccord

Canaccord analyst Susan Anderson previewed the upcoming quarterly results for e.l.f. Beauty and they remain bullish on the shares due to continued strong demand across the entire portfolio. They continue to gain market share but all eyes will be on 2025 guidance which Canaccord is expecting to guide typically conservative with the top line potentially in the teens range. Canaccord reiterated its Buy rating and $214 price target on e.l.f. Beauty shares.

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