TD Cowen Maintains Outperform on Estee Lauder Cos, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Oliver Chen maintains an Outperform rating on Estee Lauder Cos (NYSE:EL) but lowers the price target from $235 to $210.
July 21, 2023 | 4:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Estee Lauder's price target has been lowered from $235 to $210 by TD Cowen, though the Outperform rating is maintained.
The news directly pertains to Estee Lauder as TD Cowen has lowered its price target for the company. However, the Outperform rating is maintained, indicating that the analyst still expects the company to outperform the market. This could have a neutral impact on the stock as the lowered price target might be seen as a negative, but the maintained Outperform rating could be seen as a positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100