Deutsche Bank Maintains Hold on Estee Lauder Cos, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Hold rating on Estee Lauder Cos (NYSE:EL) but lowers the price target from $132 to $108.
August 09, 2024 | 4:48 pm
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Deutsche Bank has maintained its Hold rating on Estee Lauder Cos but has lowered the price target from $132 to $108, indicating a less optimistic outlook.
The lowered price target from $132 to $108 by Deutsche Bank suggests a less optimistic outlook for Estee Lauder Cos, which could negatively impact investor sentiment and short-term stock price.
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IMPORTANCE 80
RELEVANCE 100