Estee Lauder (EL) PT Raised to $134 at Bernstein
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Price: $83.76 -0.91%
Rating Summary:
20 Buy, 16 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
20 Buy, 16 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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Bernstein analyst Ali Dibadj raised his price target on Estee Lauder (NYSE: EL) to $134.00 (from $121.00) while maintaining an Outperform rating following strong Q3 results.
Dibadj said the results give them more confidence in the company's trajectory post CY:18.
The firm raised FY:18 EPS estimate by +$0.10 to $4.14, on better topline, margins, and a lower tax rate.
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