L'Oréal: Confidence reiterated

BUY, Fair Value EUR118 vs. EUR112 (+5%)

News published on February Wednesday 13, 2013
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During yesterday's analysts' meeting, L’Oréal's CEO reiterated his confidence in 2013 and beyond in terms of market growth and the group's ability to outperform and improve profitability. We have upgraded our FV from EUR112 to EUR118. Buy.

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