Argus Downgrades Estee Lauder (EL) to Hold

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Go back to Argus Downgrades Estee Lauder (EL) to Hold

Berenberg Starts Estee Lauder (EL) at Buy

September 9, 2016 7:42 AM EDT

Berenberg initiates coverage on Estee Lauder (NYSE: EL) with a Buy rating and a price target of $105.00.

Analyst Rosie Edwards commented, "We forecast top-line growth of 7.5% in 2017E-19E versus an HPC sector average of +4%. We believe this outperformance stems from the groups... More