Estee Lauder shares are trading higher amid overall market strength. Berenberg assumed coverage of the stock with a Buy rating and $243 price target.
Portfolio Pulse from Benzinga Newsdesk
Estee Lauder shares are trading higher amid overall market strength. Berenberg assumed coverage of the stock with a Buy rating and a $243 price target.
June 14, 2023 | 5:07 pm
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Estee Lauder's stock is trading higher as Berenberg initiates coverage with a Buy rating and a $243 price target.
Estee Lauder's stock is directly impacted by the news as Berenberg initiates coverage with a Buy rating and a $243 price target. This positive rating from a reputable financial institution is likely to boost investor confidence in the stock, leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100