Goldman Sachs lowered its rating on Estée Lauder to neutral, and its new price target calls for a slight decline going forward.
Elsewhere, Daiwa raised its price target on Nvidia, which points to more than 10% upside over the next 12 months.
The firm stood by its outperform rating on the chipmaker stock, but lifted its price target to $900 from $535.
FLYW YTD mountain FLYW in 2024 Faucette accompanied his downgrade by lifting his price target to $30 from $27.
He also lifted his price target on the stock to $40 from $30, implying upside of 24.6% from Thursday's close.
Persons:
Goldman Sachs, Estée Lauder, Jefferies, Root, Daiwa, Brad Sills, Sills, — Lisa Kailai Han, Stephens, Vita Coco, Coco, Jim Salera, COCO, Lisa Gill, Gill, Louis Miscioscia, Miscioscia, Lisa Kailai Han, Piper Sandler downgrades, Piper Sandler, Mark Fitzgibbon, Fitzgibbon, Morgan Stanley downgrades Flywire, Morgan Stanley, James Faucette, Faucette, Goldman Sachs downgrades Estée Lauder, Lauder, Goldman, Yaron Kinar, Kinar, Fred Imbert
Organizations:
CNBC, Nvidia, Bank of America, of America, Vertex, Accenture, RSM, BDO, JPMorgan, Daiwa, Markets, Riding, AMD, Intel, York Community Bancorp, York Community, New York Community Bancorp, Travel, B2B, U.S, Jefferies
Locations:
York, Canada, Asia, China, Hainan, Thursday's