Tapestry, Estee Lauder feel earnings pinch from China lockdowns
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Estee Lauder (EL) PT Raised to $324 at Jefferies
August 19, 2022 8:18 AM EDTJefferies analyst Stephanie Wissink raised the price target on Estee Lauder (NYSE: EL) to $324.00 (from $297.00) while maintaining a Buy rating following earnings.
The analyst commented, "As expected, EL guided below the Street following a mixed print for Q4 (bested sales & EPS). FY23 outlook... More
