Barclays Maintains Overweight on Estee Lauder Cos, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Kannan Venkateshwar maintains an Overweight rating on Estee Lauder Cos (NYSE:EL) but lowers the price target from $230 to $210.

June 01, 2023 | 11:11 am
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Barclays maintains Overweight rating on Estee Lauder Cos (NYSE:EL) and lowers price target from $230 to $210.
The news of Barclays maintaining an Overweight rating on Estee Lauder Cos indicates a positive outlook for the company. However, the lowering of the price target from $230 to $210 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100