Morgan Stanley Sees Buying Opportunity from Estee Lauder Companies Sell-Off

In a report published Thursday, Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating and $77.00 price target on Estee Lauder Companies (NYSE: EL ). In the report, Morgan Stanley noted, “EL FQ2 EPS of $1.09 was ahead of the $1.06 consensus, despite a 3 cent negative EPS impact from