Shares of beauty products company Estée Lauder (NYSE:EL) jumped 5.4% in the morning session after Deutsche Bank analysts upgraded the stock from Hold to Buy and raised the price target from $71 to $95 (implying more than a 20% upside), noting that demand concerns in the beauty space were fading.
The cosmetics giant is accelerating innovation across brands and price tiers while migrating decision-making geographically closer to where business operations occur.
Intuitive Surgical has soared over 150% in three years. But, can the healthcare stalwart overcome tariffs and rising competition to continue winning long-term?
Analysts at Deutsche Bank expect the Incremental growth in higher-margin revenues and the breadth of its supply chain to help "deftly navigate" incremental tariffs and reinvest in growth.
CFO Paul Jacobson said investors were concerned about the capital strain from evolving trade policies but maintained that GM had found a way to align next-generation vehicle programs with efficient capital allocation.
Shares of medical technology company Intuitive Surgical (NASDAQ:ISRG) fell 6.2% in the afternoon session after Deutsche Bank cut the stock's rating from Hold to Sell and slashed its price target to $440 from $515, after identifying accelerating competition from lower-cost remanufactured instruments in the Instruments & Accessories segment.
Deutsche Bank has indicated that the ongoing immigration crackdown and subsequent decline in numbers is causing a more severe negative supply shock to the economy than the tariffs imposed by President Donald Trump.
Upcoming CEO Sanoke Viswanathan worked for 15 years at JPMorgan and headed the bank’s rapidly growing international banking unit in his most recent role.
