UBS analyst Peter Grom raised Estee Lauder's price target to $62 while maintaining a neutral stance, despite the stock's 55% decline over the past year. The company reported a strong third-quarter earnings beat but faces challenges with declining organic sales and uncertainties regarding future growth, particularly due to tariff impacts. Management remains optimistic about returning to growth in fiscal year 2026, supported by strategic initiatives and market share gains in key regions.
UBS analyst Peter Grom raised Estee Lauder's price target to $62 while maintaining a neutral stance, despite the stock's 55% decline over the past year. The company reported a strong third-quarter earnings beat but faces challenges with declining organic sales and uncertainties regarding tariffs, impacting its fiscal 2026 outlook. Analysts have mixed sentiments, with targets ranging from $55 to $120, as Estee Lauder aims for growth through strategic initiatives and emerging channels.
ubs raises price target for estee lauder amid uncertain growth outlook
UBS has raised its price target for Estee Lauder from $60 to $62 while maintaining a Neutral rating, citing an uncertain outlook despite strong third-quarter performance. Analysts project an average target price of $67.71, indicating a potential upside of 12.79% from the current price. Positive developments include market share gains in key regions and operational efficiencies, while challenges loom for the fourth quarter.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.