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Fly News Breaks for May 2, 2019
EL
May 2, 2019 | 08:37 EDT
Credit Suisse analyst Michael Binetti raised his price target for Estee Lauder to $185 from $175 as he believes Q3 beat should force a positive revision to the first half of 2020 revenue estimates. The analyst reiterates an Outperform rating on the shares.
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.