Estee Lauder price target raised to $100 from $90 at Evercore ISI

Evercore ISI raised the firm’s price target on Estee Lauder (EL) to $100 from $90 and keeps an Outperform rating on the shares. Interest in Estee is “slowly picking up and took a bounce last week with the passing of Chairman Emeritus Leonard Lauder,” according to the analyst, who lays out eight reasons to put the stock “back on your radar screen.” These include data suggesting improved share performance in China and the U.S., noted the analyst.