Estee Lauder (EL) PT Raised to $134 at Bernstein
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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
November 2, 2017 8:52 AM EDT
Morgan Stanley raised its price target on Estee Lauder (NYSE: EL) to $134.00 (from $122.00) while maintaining a Overweight rating.
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November 1, 2017 3:47 PM EDT
Goldman Sachs analyst Matthew J. Fassler said in a note to clients that Estée Lauder (NYSE: EL) results today suggest a fine outcome for ULTA Salon (NASDAQ: ULTA), though they lend credence to some sector concerns.... More
November 1, 2017 1:56 PM EDT
Piper Jaffray raised its price target on Estee Lauder (NYSE: EL) to $135.00 (from $112.00) while maintaining a Overweight rating.
Analyst Erinn Murphy notes management remains confident on the prestige category growing in the upper-bound of 4-5% while growth is fueled by APAC in a "not super strong" US retail environment.
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November 1, 2017 6:47 AM EDT
Estée Lauder (NYSE: EL) reported Q1 EPS of $1.21, $0.24 better than the analyst estimate of $0.97. Revenue for the quarter came in at $3.27 billion versus the consensus estimate of $3.17 billion.
GUIDANCE:
Estée Lauder sees FY2018 EPS of $4.04-$4.12, versus the consensus of $3.99.
Full Year... More
