NEW YORK (TheStreet)--
Estée Lauder's stock. (EL -Get Report)
Rise, higher 0. 53% to $83. 32 in pre-
Tuesday's market trading followed the upgrade of Wells Fargo analysts from "market performance" to "superior.
The company has set a price target range of $90 to $92 for beauty products, citing accelerated organic growth in both domestic and emerging markets.
Analysts at Wells Fargo added that the cosmetics company's operating capital has improved and the risks are decreasing. New York City-
Estee Lauder is a manufacturer and marketer of skin care, makeup, perfume and hair care products whose products sell Mr. Labo in more than 150 countries. A.
C. Bobby Brown, Lamer and AFDA.
In addition, Lloyd (ESTEE)
Buy for cos inc as rating score
For their advice, the street rating team said: "We have a lot (ESTEE)COS INC (EL)a BUY.
This is based on the convergence of positive investment measures, which will help this stock exceed most of the stocks we have assessed.
The company's strengths are reflected in multiple areas such as revenue growth, significant return on equity, expanding profit margins, good operating cash flow and robust stock price performance.
We believe that these advantages outweigh the fact that, based on our review of the current price, the company's transaction valuation is higher than the income and book value.