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JPMorgan Chase Cuts e.l.f. Beauty Price Target to $106.00

Guavy AI Editorial Team
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JPM
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e.l.f. Beauty's (NYSE: ELF) price target has been lowered by JPMorgan Chase & Co. to $106.00 from its previous estimate of $111.00.

The firm currently holds an 'overweight' rating on the stock, indicating a potential upside of 5.60% from the company's current price.

This is not the first time e.l.f. Beauty has seen its target price adjusted by analysts. In May, Bank of America dropped their price target on shares of e.l.f. Beauty from $93.00 to $85.00 and set a 'buy' rating on the stock.

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