e.l.f. Beauty Issues Statement Refuting Unsubstantiated Short-Seller Report

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JPMorgan Reiterates Overweight Rating on e.l.f. Beauty (ELF)

November 21, 2024 10:15 AM UTC

JPMorgan analyst Andrea Teixeira reiterated an Overweight rating and $154.00 price target on e.l.f. Beauty (NYSE: ELF).

The analyst comments "e.l.f. Beauty (ELF, OW-rated, Analyst Focus List Growth) issued a press release (see link here) this morning before market open debunking allegations made by short seller Muddy Waters (MW) yesterday. We spoke with ELF just after the... More