Investing Club: Estee Lauder's latest Wall Street endorsement underscores our long-held view on the company
Piper Sandler on Wednesday said it sees considerable upside for Club holding Estee Lauder as China's long-awaited economic reopening drives pent-up demand for luxury goods — a view that's central to our investment case in the beauty brand. The Chinese market is a "vastly underappreciated opportunity" for Estee Lauder, analysts at Piper Sandler wrote in a research note.
An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stock futures are little changed as Wall Street looks to build on back-to-back gainsThe recent gains have come despite an underwhelming start to earnings season and more signs that the U.S. economy is slowing.
Baca lebih lajut »
Wall Street is excited about Chinese tech — and loves one mega-cap stock in particularGoldman Sachs, Morgan Stanley and others all name one Chinese tech name as a top pick.
Baca lebih lajut »
Wall Street extends rally, powered by tech bounceU.S. stocks closed sharply higher as investors began an earnings-heavy week with a renewed enthusiasm for market-leading technology stocks that were battered last year
Baca lebih lajut »
Dow opens 150 points lower as latest stock rally fizzles on Wall StreetThe recent gains have come despite an underwhelming start to earnings season and more signs that the U.S. economy is slowing.
Baca lebih lajut »