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Estee Lauder's latest Wall Street endorsement underscores our long-held view on the company

CNBC LogoCNBC3d ago

Estee Lauder's latest Wall Street endorsement underscores our long-held view on the company - CNBC

Quick Summary:

Piper Sandler on Wednesday said it sees considerable upside for Club holding Estee Lauder (EL) as China's long-awaited economic reopening drives pent-up demand.

The analysts forecasted a potential 20% upside to the stock that could "easily push shares beyond $300" apiece, boosted just by the Hainan region alone.

While the stock should be up on Piper Sandler's bullish analyst call, the retreat today is a potential buying opportunity for investors." There's nothing negative .


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 20:27:57 (3 days ago)

News Timezone: GMT -5:00

Ranking: #26 (out of 4852 stories this day)

News Source URL: cnbc.com

Language: English

Article Length: 767 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 4790208

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About CNBC

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Main Topics: EconomyBusiness

Official Website: cnbc.com

Update Frequency: 8 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 16 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #5

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  • URL: https://beamstart.com/news/estee-lauders-latest-wall-street-16746799438799

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