Bank of America Raises e.l.f. Beauty’s Price Target to $105

Bank of America reaffirmed their Buy recommendation on e.l.f. Beauty (NYSE:ELF), and increased their price target from $75.00 to $105.00. The decision was made after the company’s share value grew by around 135% since September 2022. The increase was attributed to e.l.f. Beauty’s success in gaining market share in color cosmetics, expanding shelf space in … Continue reading Bank of America Raises e.l.f. Beauty’s Price Target to $105