Citigroup Maintains Neutral on Estee Lauder Cos, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni maintains a Neutral rating on Estee Lauder Cos (NYSE:EL) and lowers the price target from $195 to $165.
August 21, 2023 | 11:36 am
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Citigroup has maintained a Neutral rating on Estee Lauder Cos and lowered the price target from $195 to $165.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Estee Lauder's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100