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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 115from115 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 ...