Estee Lauder Companies Inc. is a global leader in the beauty industry, specializing in the development and marketing of high-quality skincare, makeup, fragrance, and hair care products. The company is known for its diverse portfolio of prestigious brands, including Estée Lauder, Clinique, MAC, and La Mer, among others. With a commitment to innovation and excellence, Estee Lauder focuses on creating premium products that cater to a wide range of consumer preferences and demographics. The brand is dedicated to sustainability, inclusivity, and social responsibility, aiming to enhance beauty experiences for customers around the world. Read More
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top S&P500 gainers and losers in today's session.
Shares of beauty products company Estée Lauder (NYSE:EL) jumped 5.4% in the morning session after Deutsche Bank analysts upgraded the stock from Hold to Buy and raised the price target from $71 to $95 (implying more than a 20% upside), noting that demand concerns in the beauty space were fading.
The cosmetics giant is accelerating innovation across brands and price tiers while migrating decision-making geographically closer to where business operations occur.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
It is with deep sadness that The Estée Lauder Companies Inc. (NYSE: EL) announces that Chairman Emeritus Leonard A. Lauder passed away on June 14, at the age of 92, surrounded by family.
