Estee Lauder can rally 15% this year as China sales show no signs of slowing, analyst says

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Young shoppers browse makeup products at an Estee Lauder MAC Cosmetics store.

Kiyoshi Ota | Bloomberg | Getty Images

Cosmetics maker Estee Lauder has more room to grow as fears of a slowdown in China are not going to materialize, according to Telsey Advisory Group.

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