Estee Lauder shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $95 to $114.
Portfolio Pulse from Benzinga Newsdesk
Estee Lauder shares rose following an upgrade by Piper Sandler from Neutral to Overweight, with a price target increase from $95 to $114.
August 22, 2024 | 1:27 pm
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Estee Lauder's stock received a boost after Piper Sandler upgraded it from Neutral to Overweight and increased the price target from $95 to $114.
The upgrade from Piper Sandler to Overweight and the increase in price target suggest a positive outlook for Estee Lauder, likely leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100