Editor
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.
Citi was the latest firm to walk away from its bullish rating, lowering Estée Lauder to neutral on Tuesday as analyst Filippo Falorni called the company’s recovery path “more uncertain” given weak signals from China and disruption from a recent…
