China Intl Cap Upgrades Estee Lauder to Strong-Buy After Earnings
Estee Lauder was upgraded by China Intl Cap to a strong-buy rating, with a market perform call and a $82.00 price objective. The stock fell 2.4% and shares opened at $99.88. The company recently reported quarterly EPS of $0.39, above $0.32 consensus, and analysts forecast $3.3 EPS for the fiscal year.