Lucy Nieves
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E.L.F. Beauty's Guidance Could Play Out

E.L.F. Beauty Inc ELF reports earnings Wednesday after the bell and Piper Jaffray expects the company to reiterate its guidance. 

The Rating

Murphy downgraded E.L.F. Beauty Inc from Overweight to Neutral and lowered Piper Jaffray's price target from $26 to $23.  Read more

We can see a consolidation phase. Some upside is probably possible but there are no clear signals.

$ELF, e.l.f. Beauty Inc / D