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Elf Beauty price target lowered to $150 from $175 at B. Riley

B. Riley analyst Anna Glaessgen lowered the firm’s price target on Elf Beauty (ELF) to $150 from $175 and keeps a Buy rating on the shares following the “solid” fiscal Q2 repot. The firm sees current trading level as “compelling for a company posting double-digit organic growth in an attractive category.”

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