Goldman Sachs believes that Estee Lauder has successfully righted the ship, and investors should load up on shares. The bank upgraded the beauty stock to buy from hold and hiked its 12-month price target to $115 per share from $76. The updated forecast suggests upside of 31% from Friday's close. Analyst Bonnie Herzog cited an upcoming fundamental inflection, driven by strategic initiatives management has put in place, for the rating change. "We estimate the business could potentially return to topline growth as soon as FQ1 (Sep), which should be followed by a return to double-digit EBIT margins in FY27 and beyond," she wrote. "As we first highlighted following our meeting with EL's CEO & CFO at their HQ in NYC in Feb 2025, we believe mgmt is taking steps in the right direction with its 'Be

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