Estee Lauder Companies Inc (NYSE:EL) shares are trading higher on Monday, after Deutsche Bank maintained its Buy rating on the stock and raised its price target from $185 to $190 per share.

Estee Lauder is a company in providing products for the beauty market, participating across skincare (45% of 2019 sales), makeup (39%), fragrance (12%), and haircare (4%) categories, with popular brands such as Estee Lauder, Clinique, MAC, La Mer, Jo Malone, Aveda, Bobbi Brown, Too Faced, and Origins.

Estee Lauder shares were trading slightly up 1.93% at $201.28 at time of publication on Monday. The stock has a 52-week high of $220.42 and a 52-week low of $137.01.

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