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Fly News Breaks for April 8, 2019
CHD, EL
Apr 8, 2019 | 07:27 EDT
Oppenheimer analyst Rupesh Parikh raised his price target for Estee Lauder (EL) to $180 from $164 as he believes more balanced investor sentiment and a lower interest rate backdrop are much more supportive of an attractive upside case from here. The analyst reiterates an Outperform rating on the shares and ranks it and Church & Dwight (CHD) equally as his top consumer staples picks.