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The Latest Breaking News from Bonnie Herzog

Goldman Upgrades Estee Lauder, Sees Growth Returning As China, Travel Retail Stabilize

Global beauty giants are redefining growth strategies in a rapidly evolving market, reshaping consumer experiences and setting new industry benchmarks. Estee Lauder Companies Inc. (NYSE:EL) could begin generating topline growth as soon as the fiscal first quarter starting in September, "which should be followed by a return to double-digit EBIT…

Goldman Says PepsiCo Poised For Turnaround As Innovation, Productivity Ramp Up

Goldman Says PepsiCo Poised For Turnaround As Innovation, Productivity Ramp Up

PepsiCo, Inc. (NASDAQ:PEP) shares are bubbling as bold new drinks and a turbocharged productivity playbook promise more fizz across its shelves.

PepsiCo Posts Tepid Q3, Analyst Expects 'Inflection' In Q4

PepsiCo Posts Tepid Q3, Analyst Expects 'Inflection' In Q4

PepsiCo Inc (NASDAQ:PEP) reported mixed results for the fiscal third quarter, mainly due to subdued consumption trends, according to Goldman Sachs.

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Goldman Says Celsius Is Brewing Up A Growth Story Worth Watching

Energy drink company Celsius Holdings Inc (NASDAQ:CELH) is among the "best growth stories" in the broader consumer packaged goods (CPG) segment, according to Goldman Sachs.

Monster Beverage Leverages Functional, Zero-Sugar Innovations To Capture Energy Drink Market Growth

Monster Beverage Corporation (NASDAQ:MNST) shares are trading higher on Friday.

General Mills Q4 Preview: Will Pet Food, Dye-Free Push Win Over Investors?

Food company General Mills Inc. (NYSE:GIS) will likely highlight its recent news of eliminating food dyes in its products in future years when the company reports fourth-quarter financial results before the market opens on Wednesday.

Read Why Goldman Sachs Downgraded This Cigarette Maker

Goldman Sachs analyst Bonnie Herzog downgraded Philip Morris International Inc (NYSE:PM) to Neutral from Buy with a price target of $100, down from $116, implying a 6.22% upside. The analyst thinks that given the risk in the situation of Russia and Ukraine, the management will be forced to lower the FY22 outlook as Philip Morris…

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