Estee Lauder (EL) Tops Q1 EPS by 25c, Offers Outlook
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Estee Lauder (EL) PT Raised to $170 at DA Davidson
November 1, 2018 11:04 AM EDTDA Davidson analyst Linda Bolton Weiser raised the price target on Estee Lauder (NYSE: EL) to $170.00 (from $167.00) while maintaining a Buy rating following Q1 results.
Weiser said EL's brand portfolio is performing extremely well overall. The firm raised FY19E and FY20E EPS by $0.11 each to $4.77 and $5.33.
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