Estee Lauder price target raised to $150 from $146 at Barclays

Barclays raised the firm’s price target on Estee Lauder to $150 from $146 and keeps an Equal Weight rating on the shares. With growth in mainland China expected to be in the single-digit range over the medium term, Estee’s other large markets “will have to start pulling their weight,” the analyst tells investors in a research note. The firm says that while there have been a plethora of headlines suggesting the U.S. should begin to accelerate, it has a hard time seeing how growth could sustain.