1 Wall Street Analyst Thinks Estée Lauder Stock Is Going to $81. Is It a Buy?

Many of Estée Lauder's (NYSE: EL) perfumes and cosmetics make for ideal holiday gifts for folks who appreciate such products. Is the storied company's stock also a great buy for the season? If an analyst's latest take on the shares is any indication, the answer is indisputably yes.In the run-up to holiday season, that analyst reiterated her quite bullish stance on the company's prospects. Here's her argument for loading up on Lauder.Last Friday, DA Davidson's Linda Bolton Weiser published a new research note on Estée Lauder. In it, she maintained both her existing buy recommendation on the stock, and her $81 per share price target. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool