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Elf Beauty price target lowered to $200 from $250 at Canaccord
The Fly

Elf Beauty price target lowered to $200 from $250 at Canaccord

Canaccord lowered the firm’s price target on Elf Beauty (ELF) to $200 from $250 and keeps a Buy rating on the shares. The firm said although the company continues to see strong results, the target was lower to reflect growth expected going forward instead of seeing high-flying 50%+ growth we saw in 3Q23 through 1Q25.

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