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Fly News Breaks for December 31, 2015
EL
Dec 31, 2015 | 07:45 EDT
After Argentina devalued its currency by 30%, Sterne Agee CRT thinks that Estee Lauder's stock could be weak, driven by worries about emerging markets and foreign exchange pressures. However, the firm expects the company to report strong Q2 results in February and recommends that investors buy the shares on weakness closer to its earnings.
News For EL From the Last 2 Days
EL
Apr 18, 2024 | 12:06 EDT
EL
Apr 18, 2024 | 04:46 EDT
Deutsche Bank placed a "Catalyst Call: Buy" on Estee Lauder as a short-term investment idea. The analyst views the setup into Estee's fiscal Q3 results on May 1 "skewing positively." The firm sees the company as likely to report "in-line-to-better" results versus Street estimates, including confirmation that long-standing China travel retail inventory backlogs have been cleared, while reiterating fiscal 2024 guidance.
