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Jefferies Cuts Price Target on Estée Lauder (EL) to $95 Following 4Q and Guidance
August 22, 2016 7:48 AM EDTJefferies maintained a Hold rating on Estée Lauder (NYSE: EL), and cut the price target to $95.00 (from $98.00), following the company's 4Q earnings report. EL's +7% FX neut. sales growth came in below Street's +8%. EPS of $0.43 topped $0.40 consensus and the company's implied $0.32-$0.37 guidance.... More
Stifel Reiterates Buy on Estée Lauder (EL) Following 4Q EPS Beat
August 19, 2016 9:34 AM EDTStifel reiterated a Buy rating and $105.00 price target on Estee Lauder (NYSE: EL) following the company's 4Q earnings report. EL reported EPS at $0.43, beating the consensus estimates by $0.03. Adjusted sales growth of 7% was approximately inline with year-to-date results, with the 2-year CAGR also in line... More
