Estee Lauder Upgrade to Buy

about 1 month ago

"ticker E L. those shares doing well today. They're up 610th of 1%. Argus raised their recommendation for the company to buy from hold. They also raised their EPS estimates for 2026 and 2027. And the strategist are saying that you know their management has increased innovation significantly and they're entering new channels. Amazon premium beauty, Sephora and Ulta all kind of open for the company at the moment in terms of where they put their products. We did get results from SA Lauder not too long ago at the end of October. Those beat expectations, but the Asia-Pacific net sales missed estimates and so now investors are going to be looking forward to their annual meeting which is coming up on Thursday."

Estee Lauder (EL) has received an upgrade from Argus, moving from hold to buy, bolstered by raised EPS estimates and new channels of innovation including partnerships with Amazon premium beauty, Sephora, and Ulta. This trade call highlights short-term catalysts ahead of the upcoming annual meeting, suggesting a bullish outlook on the stock.

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