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Estee Lauder (EL) cut at Oppenheimer on less favorable risk/reward scenario
June 5, 2023 8:23 AM EDTOppenheimer analyst Rupesh Parikh downgraded shares of Estee Lauder (NYSE: EL) to Perform from Outperform in a note Monday, removing the firm's prior price target for the stock.
The analyst told investors that the upside case for EL is now less compelling,... More
