RBC Capital Maintains Sector Perform on Estee Lauder Cos, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi maintains a Sector Perform rating on Estee Lauder Cos (NYSE:EL) and raises the price target from $115 to $131.
February 06, 2024 | 4:10 pm
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POSITIVE IMPACT
RBC Capital maintains a Sector Perform rating on Estee Lauder and raises the price target from $115 to $131.
The increase in price target by RBC Capital suggests a positive outlook on Estee Lauder's stock, likely due to anticipated financial performance or market position improvements. This adjustment reflects an expectation of higher future stock price, potentially influencing investor sentiment positively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100