Barclays Downgrades Estee Lauder Cos to Equal-Weight
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Kannan Venkateshwar has downgraded Estee Lauder Cos (NYSE:EL) from Overweight to Equal-Weight.
July 20, 2023 | 10:51 am
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NEGATIVE IMPACT
Estee Lauder Cos has been downgraded by Barclays from Overweight to Equal-Weight.
The downgrade by Barclays from Overweight to Equal-Weight indicates a less optimistic outlook for Estee Lauder Cos. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100