** Shares of cosmetics giant Estee Lauder EL.N rise ~3% to $89.15 premarket
** JP Morgan upgrades stock to "overweight" from "neutral"; raises PT to $101 from $62
** See like-for-like sales inflecting positive in the crucial December 2025 quarter as demand normalizes and inventory levels stay adequate - brokerage says
** Brokerage says co to reinvest savings from cost saving plan in global digital marketing to accelerate online growth
** 11 of 20 brokerages rate stock "buy" or higher, 8 rate "hold" and 1 rate "sell" or lower; median PT is $81.23 - data compiled by LSEG
** As of last close, EL shares down 15.72% YTD
(Reporting by Anshi Sancheti in Bengaluru)
((Anshi.Sancheti@thomsonreuters.com))
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