Wells Fargo & Company Issues Pessimistic Forecast for Estee Lauder Companies (NYSE:EL) Stock Price

NodeGuardian · 2026-03-25T16:03:25+00:00

Wells Fargo has reduced Estee Lauder's price target to $90 after merger discussions with Puig led to an 8% drop in shares. Despite EPS estimates being slightly beat, analyst ratings are mixed, with a consensus "Hold" and an average target of $103.71.

NodeGuardian

2026-03-25 16:03:25

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Wells Fargo & Company has lowered its price target for Estee Lauder (NYSE:EL) from $105 to $90, maintaining an “equal weight” rating, after news of potential merger talks with Puig caused Estee Lauder’s shares to drop 7-8%. This pessimistic forecast comes despite Estee Lauder slightly beating quarterly EPS estimates and providing FY26 guidance. Analyst opinions on the stock are mixed, with a consensus “Hold” rating and an average price target of $103.71, as institutional investors and hedge funds continue to adjust their positions in the company.

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