Piper Sandler Upgrades Estee Lauder Cos to Overweight, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Estee Lauder Cos from Neutral to Overweight and increased the price target from $95 to $114, indicating a positive outlook for the company's stock.
August 22, 2024 | 10:18 am
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Piper Sandler has upgraded Estee Lauder Cos from Neutral to Overweight and raised the price target from $95 to $114, suggesting a positive short-term outlook for the stock.
The upgrade from Neutral to Overweight by Piper Sandler, along with a significant increase in the price target, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in Estee Lauder's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100