Goldman Upgrades Estee Lauder, Sees Growth Returning As China, Travel Retail Stabilize
1. Estée Lauder expected to see topline growth starting September fiscal quarter. 2. Goldman Sachs raised price target for EL to $115 and upgraded rating to Buy. 3. Analyst cites strong recovery in China market and improving margins as key factors. 4. U.S. market share gains projected in late 2025 after years of contraction. 5. 5.81% stock increase indicates positive market sentiment toward EL's growth prospects.