Shares of e.l.f. Beauty, Inc. (NYSE:ELF – Get Free Report) reached a new 52-week low during trading on Monday after Stifel Nicolaus lowered their price target on the stock from $115.00 to $105.00.
TD Cowen analyst Oliver Chen noted that while e.l.f. Beauty's sales remain muted due to pressure in the cosmetics category in January, the brand continues to gain market share, albeit at a slower pace ...