Analyst Predicts Estée Lauder Stock Could Reach $81: Is It Worth Buying?

Reported about 23 hours ago

A Wall Street analyst, Linda Bolton Weiser from DA Davidson, has maintained a bullish outlook on Estée Lauder's stock, setting a price target of $81 per share despite concerns about sales in China contributing to a potential decline. She emphasizes the importance of new CEO Stéphane de La Faverie's leadership and suggests that while the company may not have vast growth potential, the current stock price could present a buying opportunity.

Source: YAHOO

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