Estee Lauder Companies Inc

NYSE:ELUnited States

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• DJ Est e Lauder's Weak 2H Outlook Erases Year-to-Date Run -- Market Talk, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: EL
  
  1315 ET - Estée Lauder had a big 3Q earnings beat, but its 2H outlook overwhelmed investors, Raymond James analyst Olivia Tong says in a research note. The beauty brands conglomerate shift in marketing expenses to 4Q from 3Q muted the impact of the beat on the FY results, leading to a 13% stock drop on Wednesday, erasing its year-to-date gains. "The hill Estée Lauder must climb to restore investor confidence just got higher given flat U.S. sales and a slower than expected ramp in China," the analyst says. Tong sees a number of positive factors over the next 12 months, including a higher midpoint of the FY24 EPS outlook and better U.S. distribution. Shares rise 4.7%. (sabela.ojea@wsj.com; @sabelaojeaguix)
  

• DJ Estee Lauder Is Maintained at Overweight by JP Morgan, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: EL
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/EL/analyst-ratings
  
  (END) Dow Jones Newswires
  
  May 02, 2024 12:58 ET (16:58 GMT)
  

• UBS Adjusts Price Target on Estee Lauder to $142 From $162, Maintains Neutral Rating, from 3 hours ago by MT Newswires

  3 hours ago by MT Newswires
  Companies Mentioned: EL
  11:21 AM EDT, 05/02/2024 (MT Newswires) -- Estee Lauder (EL) has an average outperform rating and price target range of $130 to $210, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major...

• Goldman Sachs Adjusts Estee Lauder Companies' Price Target to $130 From $145, from 3 hours ago by MT Newswires

  3 hours ago by MT Newswires
  Companies Mentioned: EL
  10:50 AM EDT, 05/02/2024 (MT Newswires) -- Estee Lauder Companies (EL) has an average rating of outperform and price targets ranging from $130 to $210, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic r...

• Stifel Adjusts Estee Lauder Companies' Price Target to $165 From $175, from 3 hours ago by MT Newswires

  3 hours ago by MT Newswires
  Companies Mentioned: EL
  10:50 AM EDT, 05/02/2024 (MT Newswires) -- Estee Lauder Companies (EL) has an average rating of outperform and price targets ranging from $130 to $210, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic r...