Estée Lauder gains after HSBC said the personal care stock has turned a corner

1 week ago 1
ESTĒE LAUDER store at Beijing Daxing International Airport

Robert Way

The Estée Lauder Companies (NYSE:EL) rallied in late morning trading on Friday after HSBC upgraded the stock to a Buy rating after having it set at Hold. Importantly, the magnitude of the company's restructuring program and recent USD weakness is seen

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