We cut our FY25-26 revenue estimates by 2-5% and EBITDA by ~10-15% primarily on lower footfall assumptions. Reiterate Neutral with a TP of INR1,250 (based on ~14x pre-Ind-AS 116 FY27E EBITDA).

The stock trades at 63x FY26E/56x FY27E EPS, and given its expensive valuation, we maintain a Neutral rating with a TP of INR2,400 (based on 60x P/E Dec’26E).

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On Friday, UBS analysts downgraded e.l.f. Beauty stock, traded on the New York Stock Exchange under the ticker (NYSE:ELF), from Buy to Neutral and significantly reduced the price target to $74.00 from ...

On February 5, Tyler Radke from Citigroup reiterated a Hold-equivalent “Neutral” rating on the stock and raised his price target to $110 from $42 previously. The analyst has reservations about ...

On Wednesday, Citi analysts downgraded shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) from Buy to Neutral, significantly reducing the price target to $110 from the previous $175. The stock ...

Fact checked by Sarah Scott Choosing a name for your child is a big deal, to say the very least. More and more parents are ...

A group of transgender minors and their families filed a lawsuit challenging President Trump's executive action restricting ...