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Jefferies Sticks to Their Hold Rating for The Estée Lauder Companies (EL)
Jefferies analyst maintained a Hold rating on The Estée Lauder Companies today and set a price target of $105.00.
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In addition to Jefferies, The Estée Lauder Companies also received a Hold from Barclays’s Lauren Lieberman in a report issued today. However, yesterday, RBC Capital maintained a Buy rating on The Estée Lauder Companies (NYSE: EL).
Based on The Estée Lauder Companies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.24 billion and a net profit of $162 million. In comparison, last year the company earned a revenue of $4 billion and had a GAAP net loss of $590 million
Read More on EL:
Disclaimer & DisclosureReport an Issue
- Balanced Risk and Reward Amid Estée Lauder–Puig Deal Uncertainty Supports Hold Rating
- Estée Lauder Confirms Merger Talks With Puig Group
- “Merger Talks Shock”: Estee Lauder Stock (EL) Drops after Confirming Talks with Rabanne-Owner Puig
- Estee Lauder confirms business combination talks with Puig Brands
- Estee Lauder falls 6% to $79.80 after Puig confirms buyout talks
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