Goldman Sachs Says This 1 Stock Is at a ‘Fundamental Inflection Point’ and You Should Buy It Now
Goldman Sachs just upgraded Estée Lauder (EL) to “Buy” from “Neutral,” raising its price target to $115 from $76. Analyst Bonnie Herzog believes the cosmetics giant has reached a "fundamental inflection point" after years of struggling with pandemic-related travel retail declines and nimble competitors. The company's "Beauty Reimagined" strategy is gaining traction. Management launched brands on Amazon (AMZN) across 11 divisions and TikTok, adopting a consumer-first approach to drive faster innovation. Th ...