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The Estée Lauder Companies (EL) Receives a Buy from RBC Capital

Tipranks - Tipranks - Thu Jun 11, 9:00PM CDT

RBC Capital analyst Nik Modi maintained a Buy rating on The Estée Lauder Companies yesterday and set a price target of $111.00.

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According to TipRanks, Modi is an analyst with an average return of -2.5% and a 48.60% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, The Hershey Company, and Coca-Cola.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for The Estée Lauder Companies with a $97.63 average price target.

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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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