Goldman Sachs Maintains Buy on Estee Lauder Cos, Lowers Price Target to $141
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 $185 to $141.
November 02, 2023 | 1:30 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a 'Buy' rating on Estee Lauder but lowered the price target from $185 to $141.
The news is directly about Estee Lauder. The maintained 'Buy' rating indicates Goldman Sachs' continued confidence in the company, which could be positive for the stock. However, the lowered price target might indicate a potential downside, creating a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100