Goldman Upgrades Estee Lauder, Sees Growth Returning As China, Travel Retail Stabilize

Global beauty giants are redefining growth strategies in a rapidly evolving market, reshaping consumer experiences and setting new industry benchmarks. Estee Lauder Companies Inc. (NYSE:EL) could begin generating topline growth as soon as the fiscal first quarter starting in September, "which should be followed by a return to double-digit EBIT margins in FY27 and beyond," according to Goldman Sachs.The Estee Lauder Companies Analyst: Analyst Bonnie Herzog upgraded the rating to Buy, while raising the price ...