RBC Capital Reiterates Outperform on Estee Lauder Cos, Maintains $195 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Nik Modi has reiterated an Outperform rating on Estee Lauder Cos (NYSE:EL) and maintained a $195 price target.
August 21, 2023 | 12:15 pm
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POSITIVE IMPACT
Estee Lauder Cos has been reiterated with an Outperform rating by RBC Capital, with a maintained price target of $195.
The reiteration of an Outperform rating by a major analyst like RBC Capital is a positive signal for Estee Lauder Cos. The maintained price target of $195 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100