Fly News Breaks for February 26, 2015
EL
Feb 26, 2015 | 08:32 EDT
Morgan Stanley believes Estee Lauder's valuation does not reflect higher earnings growth vs. peers or self help actions that include margin improvement, balance sheet monetization, working capital, and a lower tax rate. The firm raised Estee Lauder's price target to $91 from $88 and reiterates its Overweight rating.
News For EL From the Last 2 Days
EL
Apr 18, 2024 | 04:46 EDT
Deutsche Bank placed a "Catalyst Call: Buy" on Estee Lauder as a short-term investment idea. The analyst views the setup into Estee's fiscal Q3 results on May 1 "skewing positively." The firm sees the company as likely to report "in-line-to-better" results versus Street estimates, including confirmation that long-standing China travel retail inventory backlogs have been cleared, while reiterating fiscal 2024 guidance.