Estee Lauder Target Raised to $80 by Barclays
Barclays raised Estee Lauder’s price target to 80 with an equal-weight rating, while Goldman Sachs initiated coverage with a buy rating at 100 and JPMorgan set an overweight at 94, reflecting a broadly constructive but varied set of views on EL. MarketBeat’s consensus remains a Hold with an average target of about 99.42, with Canaccord Genuity and Sanford C. Bernstein offering targets of 85 and 82 respectively and mixed rating guidance. Estee Lauder Companies reported May 1 quarterly results, beating EPS expectations at 0.91 on revenue of 3.71 billion as the company posted a positive ROE despite a small net margin, signaling ongoing top-line resilience. In the beauty space, e.l.f. Beauty’s target was raised by TD Cowen to 85 from 65, with a maintained rating, as the firm expects better-than-expected fiscal 2027 first-quarter results and about 25% revenue growth. Canaccord Genuity also lifted e.l.f.’s target to 97 with a Buy rating amid momentum from its new hair-care line, reinforcing investor optimism around the brand’s product lineup. Taken together, the coverage highlights divergent but largely upbeat sentiment for EL and e.l.f. Beauty, with EL facing a range of price targets and ratings and e.l.f. benefiting from targeted upgrades and strong growth expectations.
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