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Wells Fargo Downgrades Estee Lauder (EL) to Market Perform

November 5, 2014 6:57 AM EST
Get Alerts EL Hot Sheet
Price: $144.81 +4.90%

Rating Summary:
    18 Buy, 17 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 14 | New: 17
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Wells Fargo downgraded Estee Lauder (NYSE: EL) from Outperform to Market Perform with a price target of $76-$78 (from $82-$84). Analyst Chris Ferrara thinks slower growth in the U.S. and China create risk.

For an analyst ratings summary and ratings history on Estee Lauder click here. For more ratings news on Estee Lauder click here.

Shares of Estee Lauder closed at $72.00 yesterday.



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