UBS expects e.l.f. Beauty to report a “strong” beat and raise on Wednesday after the close despite the high bar, telling investors in a research note that the firm expects EPS of 32c. UBS made no change to its Buy rating or $138 price target, and remains constructive on the view that the print/outlook will result in meaningful positive consensus estimate revisions ahead.
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- TD Cowen retail/luxury analysts to hold an analyst/industry conference call
- e.l.f. Beauty upgraded to Strong Buy from Outperform at Raymond James
- e.l.f. Beauty price target lowered to $135 from $165 at BofA
- e.l.f. Beauty price target lowered to $117 from $127 at Stifel
- e.l.f. Beauty price target lowered to $139 from $150 at JPMorgan