TD Cowen Maintains Hold Rating on Estée Lauder (EL)

The Estée Lauder Companies Inc. (NYSE:EL) is one of the 11 Best Consumer Staples Stocks to Invest In.

On April 23, 2026, TD Cowen lowered its price target on The Estée Lauder Companies Inc. (NYSE:EL) to $85 from $95 and maintained a Hold rating as part of a broader Q1 preview for beauty companies. The firm said it sees value in the stock’s pullback but wants clearer signs of improving business fundamentals.

On April 21, 2026, reports said Estée Lauder had hired JPMorgan Chase & Co. to structure a financing package worth roughly €5B ($5.89B) to support its takeover bid for Spanish beauty company Puig. Last month, Puig and Estée Lauder said they were exploring a merger that would create the world’s largest premium beauty company, bringing brands such as Tom Ford, Carolina Herrera, Rabanne, Jean Paul Gaultier, and Clinique under one umbrella.

On April 17, 2026, JPMorgan Chase & Co. lowered its price target on The Estée Lauder Companies Inc. (NYSE:EL) to $98 from $121 and maintained an Overweight rating while removing the stock from its Analyst Focus List ahead of earnings. The firm said growing deal activity has reduced visibility, though it still believes the stock’s current valuation presents an attractive entry point.

The Estée Lauder Companies Inc. (NYSE:EL) manufactures and sells skincare, makeup, fragrance, and hair care products worldwide.

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