Oppenheimer Reiterates Bullish View on Elizabeth Arden (RDEN) Following Meeting
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Price: $13.98 --0%
Rating Summary:
3 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Oppenheimer reiterated its Outperform rating and $44 price target on Elizabeth Arden (NASDAQ: RDEN) following an encouraging meeting with management which provided additional details into the company's plans for its Elizabeth Arden brand repositioning.
"Importantly, we view this as a key growth driver, and one that is not fully reflected in the shares, which have underperformed of late despite continued core business strength," the analyst comments.
For an analyst ratings summary and ratings history on Elizabeth Arden click here. For more ratings news on Elizabeth Arden click here.
Shares of Elizabeth Arden closed at $36.52 yesterday.
"Importantly, we view this as a key growth driver, and one that is not fully reflected in the shares, which have underperformed of late despite continued core business strength," the analyst comments.
For an analyst ratings summary and ratings history on Elizabeth Arden click here. For more ratings news on Elizabeth Arden click here.
Shares of Elizabeth Arden closed at $36.52 yesterday.
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