DA Davidson Maintains Buy on Estee Lauder Cos, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Linda Bolton Weiser maintains a Buy rating on Estee Lauder Cos but lowers the price target from $130 to $81.

November 01, 2024 | 12:21 pm
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NEGATIVE IMPACT
DA Davidson maintains a Buy rating on Estee Lauder but significantly lowers the price target from $130 to $81, indicating a more cautious outlook.
The significant reduction in the price target from $130 to $81 suggests a more cautious outlook on Estee Lauder's future performance, which could lead to short-term negative sentiment among investors despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100