Elf Beauty price target lowered to $167 from $207 at JPMorgan

JPMorgan analyst Andrea Teixeira lowered the firm’s price target on Elf Beauty to $167 from $207 and keeps an Overweight rating on the shares. The firm says the setup into Q3 earnings season for the household, personal care and beauty sector “remains relatively positive” within staples. The sequential deceleration in organic sales as pricing benefits rolled over is well understood, and the “best-in-class companies” are growing volumes, while most companies are expanding margins, the analyst tells investors in a research note. JPMorgan refreshed its valuation and investment thesis for each of its December 2025 price targets.