Investing.com -- Morgan Stanley upgraded ELF Beauty Inc (NYSE:ELF)to "Overweight," on an attractive valuation after the stock halved from its 2024 highs. The brokerage believes the pullback ...
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Elf Beauty's Disappointing Fourth-Quarter Outlook Confirms Demand Slowdown, Morgan Stanley SaysElf Beauty's (ELF) implied revenue guide down for the fiscal fourth quarter confirmed that US consumption trends have slowed materially, Morgan Stanley said in a note e-mailed Friday.
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