Estee Lauder shares are trading lower after multiple analysts cut their price targets on the stock following the company's recent Q4 results.
Portfolio Pulse from Benzinga Newsdesk
Estee Lauder's stock price is trading lower after several analysts reduced their price targets following the company's Q4 results.
August 21, 2023 | 2:13 pm
News sentiment analysis
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Estee Lauder's stock price is expected to decrease in the short term due to analysts lowering their price targets after the company's Q4 results.
Estee Lauder's Q4 results have led to multiple analysts reducing their price targets on the stock. This negative sentiment from analysts often leads to a decrease in stock price as it can shake investor confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100