Why Estée Lauder Stock Soared Almost 5% Higher on Monday
Estée Lauder(US:EL) The Motley Fool·2025-06-23 22:27Well before market open on Monday, Estée Lauder Companies (EL 4.84%) stock received a boost without the company even trying. An analyst upgraded his recommendation on the storied cosmetics company, and investors greeted the news by boosting its share price by nearly 5%. This was more than quintuple the percentage rate gain of the S&P 500 index on the day.Leaping from neutral to buyThe analyst doing the upgrading was Steve Powers from veteran international lender Deutsche Bank. Powers has had a change of vie ...