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Fly News Breaks for January 8, 2020
EL
Jan 8, 2020 | 07:59 EDT
Oppenheimer analyst Rupesh Parikh raised his price target for Estee Lauder to $230 from $210 as he continues to see an attractive case for outperformance. The analyst reiterates Estee Lauder as a top pick, adding that he expects continued strength in China, travel retail, and skincare to drive above-peer top- and bottom-line delivery. Parikh reiterates an Outperform rating on the shares.
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.
