Jefferies analyst Molly Wylenzek raised the firm’s price target on L’Oreal (LRLCY) to EUR 374 from EUR 355 and keeps a Hold rating on the shares. The firm is updating its price target on the stock ahead of Q1 results, the analyst tells investors. The firm expects the category performance to step up in the second half of the year.
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Read More on LRLCY:
- L’Oreal added to European Conviction List at Goldman Sachs
- 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