DA Davidson Maintains Buy on Estee Lauder Cos, Raises Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Linda Bolton Weiser has maintained a Buy rating on Estee Lauder Cos (NYSE:EL) and increased the price target from $146 to $163.
November 29, 2023 | 8:04 pm
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POSITIVE IMPACT
Estee Lauder's stock may see a positive short term impact due to DA Davidson's maintained Buy rating and increased price target from $146 to $163.
Analyst ratings and price target adjustments are significant indicators for investors. The increase in price target by DA Davidson suggests a strong confidence in Estee Lauder's future performance, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100