Estee Lauder price target raised to $141 from $121 at Barclays

Barclays raised the firm’s price target on Estee Lauder to $141 from $121 and keeps an Equal Weight rating on the shares. With the fiscal Q3 results, Estee broke the cycle of negative revenue revisions, pointing to stabilization largely driven by a lower rate of decline in travel retail, the analyst tells investors in a research note.