(That is CNBC Professional’s stay protection of Tuesday’s analyst name and Wall Road chatter. Please refresh each 20-Half-hour to see the most recent posts.) Firms talked about by analysts Tuesday embrace an actual property information inventory and a magnificence firm. JMP Securities reiterated its market outperform score on CoStar Group, with a worth goal of almost 50%. In the meantime, Canaccord Genuity raised its worth goal on Elf Magnificence. See the most recent calls and chats under. All instances are Jap Time. 6:30 AM: Piper Sandler stays bullish on Celsius Holdings Piper Sandler says the sell-off in Celsius Holdings is “overdone.” The power drink firm is down greater than 40% from its March highs and is up simply 7.2% yr thus far. Regardless of the share worth pullback, the corporate stays assured in Celsius’s progress prospects. Analyst Michael Lavery reiterated his Obese score and $90 worth goal, which might indicate a 50% upside from Monday’s closing worth. “We proceed to consider in CELH’s sustainable, volume-driven gross sales progress, which is decelerating from latest excessive progress ranges to nonetheless very sturdy progress as we anticipated, however we nonetheless see additional progress in each areas. There is a lengthy technique to go. To make certain, Celsius is seeing volatility usually retail tendencies within the brief time period; nonetheless, Livery famous that the two-year common progress charge is secure by way of early 2024. and Eire launch, with plans for extra abroad growth in This fall — Hakyung Kim 6:03 a.m.: Elf Magnificence has almost 30% upside potential, based on Canaccord Genuity Elf Magnificence is properly positioned for energy forward. Poised for progress. Shares of the wonder firm have soared 35.4% this yr and will rise one other 27.9% from Monday’s closing worth primarily based on the corporate’s new $250 worth goal (up from $214). Susan Anderson wrote in a be aware on Monday that the corporate was “working properly.” “Total, we proceed to consider that ELF is within the early levels of its progress story, because the model nonetheless lags behind legacy manufacturers by way of model recognition and even shelf house (relying on channel).” Anderson famous that Elf’s administration has traditionally Being conservative on steering means the corporate might outperform its gross sales and worldwide operations in fiscal 2025. The corporate’s upcoming partnership with Walmart might usher in $160 million in extra gross sales, the analyst mentioned. “Along with Walmart’s shelf house growth, which we consider will possible end in a bigger greenback contribution than Goal’s latest success, ELF continues to generate spectacular gross sales within the on-line pipeline and internationally,” Anderson mentioned. Velocity ​​is rising. — Hakyung Kim 6:03 AM: CoStar Group to rise almost 50%, JMP Securities says Actual property information and analytics firm CoStar Group is about for sturdy positive aspects forward. Analyst Nicholas Jones reiterated his name on the inventory. Outperform score and $110 worth goal. The forecast implies a 49% upside over the following 12 months. The inventory has underperformed this yr, down 16% yr thus far. Nevertheless, Jones mentioned that with the funding. After assembly with the investor relations group, he’s extra assured in regards to the firm’s future. “Total, we predict the tone of CSGP is according to the earlier earnings name, though it might expertise some volatility within the early levels of Properties.com monetization. The group would not appear stunned, and as an alternative sounds ready for this dynamic. “From an organization perspective, third-party information and internet scraping look like creating noise round Properties.com tendencies. and put stress on the share worth. We don’t consider this name will change the thesis and consider CSGP has ample profitability to proceed investing in its Properties.com enterprise,” he added. — Fred Ambert