The Beauty Sector: Morgan Stanley Turns Bullish On Estee Lauder, Coty

Posted by Jayson Derrick

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Morgan Stanley’s Dara Mohsenian upgraded Estee Lauder from Equal-weight to Overweight with a price target bumped from $159 to $160. The bullish case for the beauty company’s stock comes as four prior concerns have either been resolved or priced in after the pullback, Mohsenian said in the upgrade note…. CLICK for complete article

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