Estée Lauder Companies receives positive analyst upgrades from HSBC and ISI, citing management success in China.
1 report, 0 independent
Updated Jun 28
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What happened
Estée Lauder Companies receives positive analyst upgrades from HSBC and ISI, citing management success in China.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Estée Lauder Companies
American-based cosmetics company
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HSBC
British multinational bank
- ISI
Related events
- HSBC is focusing on diversification through its business in China.
- Beijing tightened controls on mainland Chinese customers while HSBC maintains strong positions in Hong Kong.
- Rating firms including Morgan Stanley, B. Riley Financial, and Telsey Advisory Group issued various price target increases and rating updates for Estée Lauder Companies.
- Ryan Wang, a US economist at HSBC, published commentary via a Reuters poll.
- HSBC raised its rating to strong-buy and Morgan Stanley raised its target price for Thermo Fisher Scientific Inc.
Coverage
Newest first; wire copies grouped- Unknown outlet