Canaccord Genuity Maintains Hold on Estee Lauder Cos, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Susan Anderson has maintained a 'Hold' rating on Estee Lauder Cos (NYSE:EL) and lowered the price target from $208 to $162.
August 17, 2023 | 3:41 pm
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Estee Lauder's price target has been lowered from $208 to $162 by Canaccord Genuity, while maintaining a 'Hold' rating.
The lowering of the price target by Canaccord Genuity indicates a less optimistic outlook for Estee Lauder's stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100