JP Morgan Maintains Neutral on Coty, Raises Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Coty (NYSE:COTY) and raises the price target from $12 to $13.
July 07, 2023 | 1:47 pm
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POSITIVE IMPACT
JP Morgan maintains a Neutral rating on Coty and raises the price target from $12 to $13, indicating a potential upside.
The raised price target by JP Morgan indicates a potential upside for Coty's stock. However, the Neutral rating suggests that the stock is fairly valued at current levels, and there may not be significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100