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ELF
Benzinga
84 days

e.l.f. Beauty's $1 Price Hike Seen As 'Manageable' Tariff Move: Analyst

1. Canaccord Genuity maintains Buy rating for e.l.f. Beauty with $105 price target. 2. e.l.f. plans a $1 price increase on products starting August 1. 3. 75% of U.S. lineup stays under $10 despite tariff environment. 4. Analyst warns of ongoing tariff uncertainty impacting future strategies. 5. Q4 fiscal 2025 earnings call set for May 28, 2025.

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FAQ

Why Bullish?

The analyst's Buy rating and price target indicate positive market sentiment. Historical price increases in similar growth firms often corresponded with sustained stock value.

How important is it?

Factors like tariff management and upcoming earnings thresholds influence ELF's stock value significantly.

Why Short Term?

Upcoming earnings call could clarify strategies and affect investor sentiment in the near term. Recent price action shows immediate market response.

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