Wells Fargo Lifts Estée Lauder (EL) Target as Raymond James Names It a 2026 Top Pick

Core Viewpoint - The Estée Lauder Companies Inc. is recognized as a strong investment opportunity, particularly highlighted by recent upgrades from financial analysts, indicating a positive outlook for the company's future performance [2][3]. Analyst Upgrades - Wells Fargo raised its price target for Estée Lauder from $95 to $111 while maintaining an Equal Weight rating, reflecting updated models across various sectors [2]. - Raymond James upgraded Estée Lauder to Strong Buy from Market Perform, setting a new price target of $130 and including the stock in its Analyst Current Favorites list, citing a transition from narrative to execution in the company's turnaround strategy [3]. Company Strategy - The CEO outlined a strategy focused on expanding market share and increasing sales through the development of new brands, targeting younger consumers globally, and customizing products to fit local cultural preferences [4]. - The company aims to leverage the rising global middle class as a significant growth driver through 2030, which is central to its long-term plans [4]. Market Focus - Estée Lauder is in the midst of a turnaround, aiming to rebalance growth by increasing focus on the Americas and emerging markets, while still maintaining a presence in China despite recent consumer spending pullbacks [5].