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Estée Lauder's Beauty Gains Can't Offset Global Headwinds, Says Analyst

Summary

Estée Lauder (NYSE:EL) beat Q3 earnings expectations with strong margin gains and updated its FY25 outlook. However, weakness in Asia travel retail and North America led to a price target cut to $66, per Telsey Advisory Group.

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Article published on May 2, 2025 by benzinga