Goldman Sachs analysts added L’Oreal (LRLCY) to the firm’s European Conviction List as part of its monthly update. Beauty remains one of the most resilient end markets within consumer staples and L’Oreal will outperform the industry, contends the firm.
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Read More on LRLCY:
- L’Oreal price target lowered to EUR 377 from EUR 379 at Morgan Stanley
- L’Oreal downgraded to Hold from Buy at Berenberg
- L’Oreal upgraded to Outperform from Sector Perform at RBC Capital
- L’Oreal recalls acne treatment amid cancer-linked chemical, Bloomberg reports
- L’Oreal downgraded to Hold from Buy at Erste Group