Two Wall Street firms lifted their price targets on Estee Lauder Companies (NYSE:EL) stock to $85 on Monday, following a 40% third-quarter earnings beat that reignited the China comeback narrative. Canaccord raised its target from $80 and maintained a Hold rating, while Wells Fargo lifted its target from $75 and kept an Equal Weight rating. ... Wall Street Lifts Estee Lauder Price Targets to $85: Is the China Comeback Finally Real?
AI commentary is generated from public news feeds and is not investment advice.