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Fly News Breaks for May 7, 2015
EL
May 7, 2015 | 08:21 EDT
RBC Capital hiked its price target on Estee Lauder after the company reported better than expected Q3 results and the firm met with the company's management. The firm thinks the company's growth opportunities are strong, while its resource allocation execution is improving and it has opportunities to cut its costs further. RBC keeps an Outperform rating on the shares.
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