UPDATE: Estee Lauder (EL) Raises Quarterly Dividend 11.8% to $.38; 1.4% Yield

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Go back to UPDATE: Estee Lauder (EL) Raises Quarterly Dividend 11.8% to $.38; 1.4% Yield

Estee Lauder (EL) PT Raised to $140 at Jefferies; Reiterates Buy

November 2, 2017 9:39 AM EDT

Jefferies raised its price target on Estee Lauder (NYSE: EL) to $140.00 (from $122.00) while maintaining a Buy rating following the company's 1Q. Jefferies is adhering to EL's issued guidance for 10-11% growth in FY18, although they see this as conservative, given strong momentum in emerging... More