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Estée Lauder Bulls Flee, Citing China Recovery Concerns

Estée Lauder Bulls Flee, Citing China Recovery Concerns
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Estée Lauder Bulls Flee, Citing China Recovery Concerns

(Bloomberg) A slew of Wall Street analysts have downgraded Estée Lauder Cos. ahead of the beauty company’s quarterly earnings report, citing concerns around a prolonged recovery in its key China market. Most Read from BloombergUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationAsia’s Richest Families Fuel Race for Lucrative Finance JobsSingapore PM to Address Political Scandals in ParliamentStock Rally Takes a Break as T

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Estée Lauder Stock Rating Cut Again Why Analysts Are Stepping Back

Citigroup is the fourth research firm in nearly two months to downgrade Estée Lauder's stock to Hold from Buy.

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