SG&A coTelsey Advisory raised the firm’s price target on Estee Lauder (EL) to $105 from $99 and keeps a Market Perform rating on the shares. The company reported “better than expected” Q1 results, with sales, gross margin, and Seller, General, & Administrative control outperforming, the analyst tells investors. Despite the sales beat, the company maintained its FY26 outlook and the company continues to navigate a competitive beauty market, the firm adds.
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