Goldman Sachs Maintains Buy on Estee Lauder Cos, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jason English has maintained a 'Buy' rating on Estee Lauder Cos (NYSE:EL) but lowered the price target from $216 to $185.
October 10, 2023 | 12:56 pm
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Goldman Sachs has maintained a 'Buy' rating on Estee Lauder but lowered the price target from $216 to $185.
The news is directly related to Estee Lauder. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential downside risk in the short term. However, the impact on the stock price is uncertain as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100