Why Estee Lauder Stock Was Smelling Sweet on Thursday
ELEstée Lauder(EL) The Motley Fool·2024-08-23 04:46

A pundit's move gave the company a bit of a spark on an otherwise uninspiring day for the market. For much of Thursday, Estee Lauder (EL -0.08%) stock was trading in positive territory. This was due in no small part to a recommendation upgrade from an analyst piggybacking on several recent key pieces of news from the company, accompanied by a significant price target bump. Ultimately, the storied cosmetics company's stock closed in negative territory, but only marginally, while the equally well-established ...