Citigroup raises e.l.f. Beauty price target to $92
Citigroup analyst Filippo Falorni maintains a Buy rating on e.l.f. Beauty and raises the price target to $92 from $87.

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Citigroup analyst Filippo Falorni has maintained a Buy rating on e.l.f. Beauty (NYSE: ELF) and increased the price target to $92 from the previous $87. The adjustment reflects a revised outlook on the company's stock performance.
Analyst Rating and Price Target
The firm's decision to raise the price target signals confidence in the cosmetics company's growth trajectory. e.l.f. Beauty continues to be viewed favorably by Citigroup, as evidenced by the reiterated Buy recommendation.
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $87 |
| New Price Target | $92 |
The revised target suggests an expected upside based on the current market valuation.
What specific market trends or product innovations are driving the increased confidence in e.l.f. Beauty's growth trajectory?
How might e.l.f. Beauty's performance compare to its competitors in the cosmetics sector over the next fiscal year?
Could the raised price target signal a broader bullish sentiment for the beauty industry, or is it specific to e.l.f. Beauty?
































