E.L.F. Beauty Stock Downgraded, Concerns Over Slowing Growth
Update: 2025-11-06
Description
E.L.F. Beautys stock faces pressure as Piper Sandler downgrades it from Overweight to Neutral, citing slowing organic growth and declining profitability. The price target drops from $150 to $100, with concerns over core E.L.F. sales growth and profitability margins. International growth also slows, but new distribution channels may help. The stock is seen as pricey, and without improvements, its multiple could re-rate lower.
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