Form 8-K ESTEE LAUDER COMPANIES For: Feb 01

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Evercore ISI Positive on Estee Lauder (EL) Following Earnings

February 5, 2024 8:11 AM EST

Evercore ISI analyst Robert Ottenstein reiterated an Outperform rating and $145.00 price target on Estee Lauder (NYSE: EL).

The analyst comments "Estees 2Q EPS F24 of $0.88 represented a $0.33 upside to consensus $.55, driven by signs of stabilization in the European division, where global travel retail operates sales are still declining... More