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Fly News Breaks for August 21, 2015
EL
Aug 21, 2015 | 09:26 EDT
RBC Capital believes that Estee Lauder's multi-year growth story is intact. The firm says that in the last five times that the stock has fallen 5%, it has subsequently rebounded strongly. RBC cut tis price target on the name to $105 from $110 but keeps an Outperform rating.
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