Barclays Maintains Equal-Weight on Estee Lauder Cos, Lowers Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Kannan Venkateshwar has maintained an Equal-Weight rating on Estee Lauder Cos (NYSE:EL) but lowered the price target from $193 to $163.
August 22, 2023 | 10:55 am
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Barclays has maintained an Equal-Weight rating on Estee Lauder but lowered the price target from $193 to $163.
The lowering of the price target by Barclays 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