B. Riley lifts ELF price target to $115, keeps Buy
B. Riley raised its price target on e.l.f. Beauty (ELF) to $115 from $100 and kept a ‘Buy’ rating, citing sold-out Rhode limited-edition Alexandra Leclerc collaboration products ahead of an upcoming Europe launch.
B. f. Beauty (ELF) to $115 from $100 on Wednesday and kept a ‘Buy’ rating, according to The Fly. The analyst cited several products from Rhode's limited-edition Alexandra Leclerc collaboration that have already sold out ahead of the brand’s upcoming…