Estée Lauder Stock Surges on Deutsche Bank Upgrade Amid Strategic Shift
Estée Lauder shares rallied nearly 5% after Deutsche Bank analyst Stephen Powers upgraded the stock to Buy with a $95 price target, signaling 20% upside potential. The beauty giant's strategic pivot toward global diversification and supply chain optimization appears to be restoring investor confidence following a 30% annual decline.
Deutsche Bank's bullish thesis hinges on EL's reduced reliance on Chinese consumers and new emphasis on localized decision-making. With supply chain investments largely completed, margin improvements and bottoming beauty market trends could catalyze further gains.