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Fly News Breaks for March 23, 2016
EL
Mar 23, 2016 | 08:29 EDT
Morgan Stanley analyst Dara Mohsenian raised Estee Lauder's price target to $105 from $99 based on higher earnings growth versus peers. The analyst believes Estee Lauder is on the verge of sustainable higher revenue growth driven by more attractive channel and brand mix that should drive organic sales growth above peers an maintains is Overweight rating.
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.
