TD Cowens Cuts Target on e.l.f. Beauty (ELF) to $100

e.l.f. Beauty Inc. (NYSE:ELF) is one of the 13 High-Risk High-Reward Growth Stocks to Invest In. On February 9, TD Cowen trimmed its target price on e.l.f. Beauty by 9.1% to $100 (from $110), while retaining its Buy recommendation on the stock. Oliver Chen, the analyst from TD Cowen who made this update, said that this TP change was prompted by an update of his forecast, following the release of Elf Beauty’s Q3-FY2026 results. He added that while Q3 sales grew 38% YoY, he expects revenue growth to taper o ...