The Estée Lauder Companies to Participate in the Barclays Global Consumer Staples Conference

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Estee Lauder has 'lots of positives ahead' - Piper Sandler

August 22, 2024 1:29 PM EDT

Piper Sandler analysts upgraded Estee Lauder (NYSE: EL) to Overweight from Neutral in a note Thursday, citing a more positive outlook following the company's recent fiscal Q4 earnings report.

The firm also raised its price target for EL shares to $114 from $95, reflecting increased confidence in the... More