Thread regarding Estee Lauder Companies (EL)

Estée Lauder got a nice boost after Deutsche Bank upgraded the stock and raised its price target. They said demand in the beauty space is looking better and the company’s strategy seems to be working, especially with less focus on China and more local decision-making. The stock is still down a lot from last year, but this move could mean things are turning around. There’s still some risk with all the ups and downs. But it’s starting to look like a possible comeback.