Goldman Sachs Maintains Buy on Estee Lauder Cos, Lowers Price Target to $238
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jason English has maintained a 'Buy' rating on Estee Lauder Cos (NYSE:EL) but lowered the price target from $266 to $238.
July 18, 2023 | 1:02 pm
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Goldman Sachs has maintained a 'Buy' rating on Estee Lauder but lowered the price target from $266 to $238.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the expected future value of the stock. However, the impact on the stock price in the short term is uncertain as the 'Buy' rating still indicates a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100