Stifel Maintains Buy on Estee Lauder Cos, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Buy rating on Estee Lauder Cos (NYSE:EL) but lowers the price target from $165 to $125.
August 20, 2024 | 11:42 am
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Stifel analyst Mark Astrachan maintains a Buy rating on Estee Lauder but lowers the price target from $165 to $125, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Estee Lauder's long-term prospects, but the lowered price target reflects a more cautious short-term outlook, possibly due to market conditions or company performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100