Shares of e.l.f. Beauty rose 3.1% after Raymond James reiterated a “Strong Buy” rating and raised price target to $155.00. Analyst confidence in future growth drove the stock price up to $137.98. The market views the news as significant but not game-changing, given the stock’s high volatility. Recent positive coverage from Piper Sandler and a new partnership with Tottenham Hotspur Women have boosted investor sentiment. e.l.f. Beauty is trading near its 52-week high, up 12.6% YTD. Investors who bought 5 years ago would see a 645.9% return. Stay informed with StockStory watchlist for timely updates.

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