e.l.f. Beauty is trading 4.19% up at $97.23 after Bernstein raised its price target to $127 from $121 on September 17, maintaining an Outperform rating and citing long-term growth tied to Sephora expansion.
- Optimism also surrounds e.l.f. Cosmetics’ Brazil launch through Sephora.
- The consumer-discretionary sector is up 1.58%.
- No new September 18 company announcement was identified.