3D·

Estee Lauder Upgrade

Existing position increased after analysts upgraded Estée Lauder.

25.06
Estee Lauder logo
Bought x8 at €66.50
€532.00
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3 Comments

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„Analysten“ 🤭
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Analysts and their price targets would be one of the last things I would follow 😂
Most of the time they just chase the price trend and clumsily raise/lower their targets as soon as the stock has reached it.
In other words: they guess.
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@TorteInYourFace True, in the end everyone has to be convinced themselves. But sometimes analysts give you good food for thought 😉.

When a company like Estée Lauder no longer relies so heavily on its business in China and instead strengthens the US and European markets in a targeted manner, I see this as a sign of sustainable, strategically smart growth from the management.
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