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Berenberg Bank Sticks to Their Hold Rating for The Estée Lauder Companies (EL)
In a report released yesterday, from Berenberg Bank maintained a Hold rating on The Estée Lauder Companies, with a price target of $84.00.
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In addition to Berenberg Bank, The Estée Lauder Companies also received a Hold from Barclays’s Lauren Lieberman in a report issued on May 5. However, on May 4, Citi maintained a Buy rating on The Estée Lauder Companies (NYSE: EL).
Based on The Estée Lauder Companies’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.71 billion and a net profit of $89 million. In comparison, last year the company earned a revenue of $3.55 billion and had a net profit of $159 million
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- Estee Lauder price target raised to $75 from $72 at Barclays
- Estee Lauder price target raised to $85 from $75 at UBS
- Estee Lauder price target lowered to $90 from $105 at Telsey Advisory
- Estee Lauder price target raised to $90 from $85 at Morgan Stanley
- Estee Lauder price target raised to $108 from $104 at Deutsche Bank
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