As Estée Lauder has underperformed relative to the consumer defensive sector over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.
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Estée Lauder (NYSE: EL) is experiencing slower growth as the industry faces headwinds.
Shares of Chinese stocks such as Alibaba (NYSE: BABA) and China-exposed stocks Estee Lauder (NYSE: EL) and Nike (NYSE: NKE) rallied on Monday, up 6.2%, 5.2%, and 2.9%, respectively, as of 2:20 p.m. ET....