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Fly News Breaks for September 7, 2017
EL
Sep 7, 2017 | 05:11 EDT
Jefferies analyst Stephanie Wissink raised her price target for Estee Lauder shares to $122 and keeps a Buy rating on the shares. Growing adoption of the company's brands within specialty multi environments is a signal that its positioning strategies are taking hold, Wissink tells investors in a research note following channel checks. She believes Estee Lauder's travel retail merchandise improvements and introduction of mid-sized brands should drive a slightly higher rate of growth than previously assumed.
News For EL From the Last 2 Days
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.