RBC Capital Upgrades Estee Lauder Cos to Outperform, Announces $131 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has upgraded Estee Lauder Cos (NYSE:EL) from Sector Perform to Outperform and set a price target of $131.

July 24, 2024 | 9:44 am
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RBC Capital has upgraded Estee Lauder Cos from Sector Perform to Outperform and set a price target of $131. This upgrade is likely to positively impact the stock price in the short term.
The upgrade from Sector Perform to Outperform by a reputable analyst at RBC Capital, along with a specific price target of $131, is a strong positive signal for investors. Such upgrades typically lead to increased investor confidence and buying activity, which can drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100