Goldman Sachs Maintains Neutral on Estee Lauder Cos, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jason English maintains a Neutral rating on Estee Lauder Cos (NYSE:EL) but lowers the price target from $130 to $115.
July 17, 2024 | 4:01 pm
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Goldman Sachs has maintained a Neutral rating on Estee Lauder Cos but has lowered the price target from $130 to $115, indicating a cautious outlook.
The lowered price target from $130 to $115 by Goldman Sachs suggests a less optimistic view on Estee Lauder's short-term performance, which could lead to a negative impact on the stock price.
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