Estee Lauder (EL) falls after seventh downgrade this year on Asia concerns
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Citi Downgrades Estee Lauder (EL) to Neutral, 'increasing risks to the recovery path for the Asian TR business'
August 1, 2023 12:37 AM EDT(Updated - August 1, 2023 4:10 AM EDT)
Citi analyst Filippo Falorni downgraded Estee Lauder (NYSE: EL) from Buy to Neutral with a price target of $195.00 (from $240.00).
The analyst comments "We are downgrading our rating on EL from Buy to Neutral as... More
