Additionally, Estée Lauder has appointed Lisa Sequino as the new President of its Makeup Brand Cluster, where she will focus on accelerating innovation and global growth. Analyst firm Berenberg has adjusted Estée Lauder's price target to $61, maintaining a Hold rating, following a 9% year-over-year drop in group organic sales for the third quarter of fiscal year 2025. Despite sales declines, the company's adjusted operating income exceeded expectations, reaching $403 million, which was significantly above the consensus estimate. UBS has also raised its price target for Estée Lauder to $62, while maintaining a neutral stance, acknowledging the company's improved profitability but noting concerns about future earnings potential due to tariff impacts.