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Fly News Breaks for November 4, 2016
LRLCY
Nov 4, 2016 | 08:01 EDT
Stifel analyst Mark Astrachan upgraded L'Oreal based on the acceleration of the company's sales growth in Q3. The analyst thinks that the acceleration indicates that the company is "gaining meaningful share" of the global beauty market, and he predicts that its sales will increase at least 4%-5% over the next two to three years.
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