JP Morgan Maintains Overweight on Estee Lauder Cos, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Estee Lauder Cos and raises the price target from $105 to $113.
October 11, 2024 | 1:55 pm
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JP Morgan has maintained its Overweight rating on Estee Lauder and increased the price target from $105 to $113, indicating a positive outlook.
The increase in price target from $105 to $113 by JP Morgan suggests a positive outlook for Estee Lauder, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100