Elf Beauty price target lowered to $100 from $110 at TD Cowen

Core Viewpoint - TD Cowen analyst Oliver Chen has lowered the price target on Elf Beauty (ELF) to $100 from $110 while maintaining a Buy rating on the shares [1] Group 1: Price Target Adjustment - The price target for Elf Beauty has been reduced to $100 from $110 [1] - The firm updated its estimates following Q3 results [1] Group 2: Growth Expectations - Core growth is expected to normalize to low single digits (LSD%) in the second half of the year [1] - This normalization may keep shares range-bound in the near term [1]