Atlantic Equities raised Merck & Co., Inc. (NYSE: MRK) price target from $110 to $116. Atlantic Equities analyst Steve Chesney maintained an Overweight rating on the stock. Merck shares fell 0.8% to $89.76 in pre-market trading.
Elf Beauty Inc. (NYSE: ELF) will continue gaining share in the mass beauty market, despite its recent price increases, according to Bank of America Securities.
Upgrades
For Iris Energy Ltd (NASDAQ:IREN), Compass Point upgraded the previous rating of Neutral to Buy. The current stock performance of Iris Energy shows a 52-week-high of $17.97 and a 52-week-low of $2.89. Moreover, at the end of the last trading period, the closing price was at $4.26.
Over the past 3 months, 6 analysts have published their opinion on e.l.f. Beauty (NYSE:ELF) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.