NYSE:ELFPersonal Products
The Bull Case for e.l.f. Beauty (ELF) Could Change Following Fresh Analyst Upgrades Amid Director Share Sale
Earlier this week, e.l.f. Beauty saw Director Lauren Cooks Levitan sell 4,630 shares while Morgan Stanley and Deutsche Bank both upgraded the company's outlook, citing profit potential from pricing, acquisitions, and core business growth.
These analyst upgrades come after a post-earnings selloff, highlighting analysts' expectations of e.l.f. Beauty outperforming consensus driven by execution on brand and growth strategies.
We’ll now explore how the recent analyst upgrades reflecting higher...