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Fly News Breaks for September 9, 2016
EL
Sep 9, 2016 | 08:04 EDT
As noted earlier, Argus downgraded Estee Lauder to Hold from Buy. Analyst John Staszak says that it will be difficult for the company to achieve further market share gains, given increased competition, slowing growth in the premium beauty products space, and a "challenging" macro environment.
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