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September 12, 2013
07:28 EDTELEstee Lauder operating margin target conservative, says Stifel
After Estee Lauder estimated that it could generate an operating margin of 16.5% in FY16, Stifel thinks the company's operating margin can reach 18%-19% in that year. The firm thinks the stock's valuation is attractive and keeps a Buy rating on the shares.
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