Barclays Maintains Equal-Weight on Estee Lauder Cos, Lowers Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on Estee Lauder Cos (NYSE:EL) and lowers the price target from $162 to $137.
October 12, 2023 | 6:58 pm
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Barclays has maintained an Equal-Weight rating on Estee Lauder Cos and lowered the price target from $162 to $137.
The lowering of the price target by Barclays from $162 to $137 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