JP Morgan Maintains Overweight on Estee Lauder Cos, Lowers Price Target to $191
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Estee Lauder Cos (NYSE:EL) but lowers the price target from $224 to $191.
August 21, 2023 | 2:48 pm
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JP Morgan maintains an Overweight rating on Estee Lauder but lowers the price target from $224 to $191.
The news is directly about Estee Lauder. While the Overweight rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100