Estee Lauder Receives Strong Buy Upgrade with $130 Price Target

10 days ago

Nora Melinda

"Yes. Some more upgrade downgrade action. We're looking at Estee Lauder. That's ticker E. We're seeing shares higher right now. Up as much as 3.8% earlier, but pairing right now about up about 7/10en of a percent. This is after Raymond James hopped in raising their recommendation on the beauty company to a strong buy from market perform. But not only that, they also added Estee Lauder to uh the firm's analyst current favorites list. uh their price target is $130 which is the highest of all analysts uh that are tracked by Bloomberg on the street. So they're essentially talking about the fact that they think that fiscal 2025 marks the earnings trough and this turnaround story now shifts to quote unquote execution."

Raymond James upgraded Estee Lauder (E) to a strong buy with a price target of 130 and identified fiscal 2025 as the earnings trough. This signals a turnaround story focused on execution, making the stock an attractive long-term trade based on current momentum and analyst conviction.

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