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e.l.f. Beauty price target raised to $64 from $55 at Piper Sandler

Piper Sandler analyst Korinne Wolfmeyer raised the firm’s price target on e.l.f. Beauty to $64 from $55 and keeps an Overweight rating on the shares. The analyst views view China, travel retail, and trade down as key themes to watch in 2023 for the beauty and wellness sector.

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