TOM FORD Announces Appointment of Haider Ackermann as Creative Director

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Estee Lauder (EL) PT Lowered to $100 at Bernstein SocGen Group

September 5, 2024 6:03 AM EDT

Bernstein SocGen Group analyst Callum Elliott lowered the price target on Estee Lauder (NYSE: EL) to $100.00 (from $150.00) while maintaining a Market Perform rating.

The analyst comments "A slower growth business: we now forecast around 5% organic growth for the business in the medium- to long-term. This 5% assumes that ELs US... More