Deutsche Bank raised the firm’s price target on Estee Lauder (EL) to $80 from $75 and keeps a Hold rating on the shares. Looking to 2025, the firm sees continued challenges ahead for most consumer packaged goods companies. The analyst maintains a net-constructive view on household personal care and cosmetics, is becoming more positive on bon-alcoholic beverage names, and taking a more cautious position on food.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EL:
- The Market is Flashing a ‘Buy’ Sign on Estee Lauder (EL) Stock
- Richard Parsons Retires from Estée Lauder Board
- Early notable gainers among liquid option names on November 27th
- Early notable gainers among liquid option names on November 25th
- Estee Lauder strength attributed to recent share buys by director