UPDATE: Piper Jaffray Raises PT to $62 on Estee Lauder Following Q2 Report

Piper Jaffray maintained Estee Lauder (NYSE: EL ) with a Neutral rating and raised the price target from $60.00 to $62.00. Piper Jaffray commented, "We are reiterating our Neutral rating and raising our price target from $60 to $62 following EL's FQ2 report in which EPS of $1.16 (ex-charges) exceeded