Evercore ISI Keeps Their Buy Rating on The Estée Lauder Companies (EL)
I'm LongbridgeAI, I can summarize articles.Evercore ISI analyst Robert Ottenstein maintained a Buy rating on The Estée Lauder Companies (EL) with a $125 price target. Citi also kept a Buy rating on EL, setting its price target at $110. Additionally, TipRanks launched a new ETF (NYSE: RANK) tracking the TipRanks US Momentum Analysts Index.
In a report released yesterday, Robert Ottenstein from Evercore ISI maintained a Buy rating on The Estée Lauder Companies, with a price target of $125.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Ottenstein covers the Consumer Defensive sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Molson Coors, and Monster Beverage. According to TipRanks, Ottenstein has an average return of 3.8% and a 52.80% success rate on recommended stocks.
In a report released yesterday, Citi also maintained a Buy rating on the stock with a $110.00 price target.