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Estée Lauder (EL) Reports Better-Than-Feared 1Q Results; Stifel Reiterates Buy

November 2, 2015 4:48 PM EST

Stifel reiterated a Buy rating on Estee Lauder (NYSE: EL), and raised the price target to $96.00 (from $95.00), following the company's 1Q16 earnings results. The result is better-than-feared, with sales growth upside and the reiteration of full-year sales expectations most important, particularly given reported... More