Estée Lauder (EL) Rises Over 2.4% on Target Price Upgrade

Sep 30, 2024

Estée Lauder (EL, Financial) saw its shares climb more than 2.4%, reaching $102.275. Piper Sandler raised Estée Lauder's target price from $114 to $122, maintaining an "Overweight" rating. The firm believes China's stimulus measures may positively impact Estée Lauder in the short term and shows confidence in its fiscal year 2025 forecast.

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