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Fly News Breaks for April 19, 2018
EL
Apr 19, 2018 | 09:06 EDT
Wells Fargo analyst Bonnie Herzog raised her price target for Estee Lauder to $168 from $150 as she is cautiously optimistic heading into Q1 earnings given strong global macros and increasingly attractive sector valuations, but remains cognizant of mediocre top-line growth, little pricing power, an elevated competitive environment, and commodity/transportation headwinds. The analyst reiterates an Outperform rating on the shares.
News For EL From the Last 2 Days
EL
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
EL
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
EL
Mar 28, 2024 | 05:51 EDT
BofA upgraded Estee Lauder to Buy from Neutral with a price target of $170, up from $160. The company currently has a range of initiatives to recovery profitability, sharpen product efficiency, and achieve more balance across channels and geographies, the analyst tells investors in a research note. The firm expects market share growth and operating leverage as Estee reduces its reliance on China and travel retail. It believes the company's earnings have bottomed.