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Fly News Breaks for March 14, 2019
LRLCY
Mar 14, 2019 | 07:52 EDT
Argus analyst John Staszak initiated L'Oreal with a Buy rating and a price target of $64, saying the company offers a "strong brand reputation, premium products, expanding e-commerce business, significant presence in Asia, and a clean balance sheet". The analyst expects L'Oreal to generate strong revenue and earnings growth over the next several years.
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