Form 3 ESTEE LAUDER COMPANIES For: Aug 19 Filed by: La Lande Rashida

Go back to Form 3 ESTEE LAUDER COMPANIES For: Aug 19 Filed by: La Lande Rashida

Estee Lauder (EL) PT Lowered to $100 at Morgan Stanley

August 20, 2024 6:07 AM EDT

Morgan Stanley analyst Dara Mohsenian lowered the price target on Estee Lauder (NYSE: EL) to $100.00 (from $140.00) while maintaining a Equalweight rating.

The analyst comments "We remain EW, with uncertain LT topline growth given category weakness (China/travel retail), EL market share struggles (outsized exposure to these areas/underlying softness), and execution risk, albeit with CEO change a potential catalyst and seemingly conservative... More

Estee Lauder (EL) PT Lowered to $105 at Deutsche Bank

August 20, 2024 4:59 AM EDT

Deutsche Bank analyst Steve Powers lowered the price target on Estee Lauder (NYSE: EL) to $105.00 (from $108.00) while maintaining a Hold rating.

The analyst comments "In the background, EL continues to navigate a CFO succession, and is simultaneously now conducting a CEO search following the announced... More

Estee Lauder (EL) PT Lowered to $130 at Evercore ISI

August 20, 2024 4:37 AM EDT

Evercore ISI analyst Robert Ottenstein lowered the price target on Estee Lauder (NYSE: EL) to $130.00 (from $180.00) while maintaining a Outperform rating.

The analyst comments "Estees fiscal 2025 guide assumes China and Asia Travel Retail will remain tough and unlikely to improve from Junes low: 1) Hainan duty-free sales did not stabilize after the anniversary of the daigou crackdown but declines accelerated instead, page 16; 2) Online... More

Estee Lauder (EL) PT Lowered to $130 at DA Davidson

August 20, 2024 4:32 AM EDT

DA Davidson analyst Linda Bolton Weiser lowered the price target on Estee Lauder (NYSE: EL) to $130.00 (from $191.00) while maintaining a Buy rating.

The analyst comments "BUY-rated EL reported a F4Q24 beat, with travel retail likely up >40%, driven by re-stocking in the... More